Investing in Excellence Without Raising Taxes: Why the Chamber Supports Lovejoy ISD’s Bond Proposal

At its April meeting, the Allen Fairview Chamber of Commerce Board of Directors voted unanimously to endorse the Lovejoy ISD 2025 bond proposal. The decision was grounded in the proposal’s financial responsibility, the district’s strong track record of stewardship, and the bond’s alignment with long-term workforce and economic priorities for our region.

Despite a proposed investment of $276 million, the bond will result in no increase to the tax rate. This is possible due to prudent fiscal management and growth in the district’s tax base. More than 97% of the bond package is dedicated to essential capital improvements and instructional technology, reflecting a commitment to improving learning environments and preserving infrastructure—not frills.

Lovejoy ISD has been careful and considerate when it comes to bond elections in the district. In fact, the district has not gone to the voters with a bond proposal in more than a decade. Since the last bond passed in 2014, Lovejoy ISD has saved nearly $38 million by refunding existing bonds and early principal payment.

The Chamber views high-performing public schools as a pillar of local economic development. The quality of education directly impacts our ability to attract talent, support employers, and sustain property values. The 2025 bond proposal is a strategic investment in our community’s future—one that strengthens our workforce pipeline while keeping taxpayers’ interests in mind.

We encourage the business community to learn more and to vote in the upcoming election. Early voting runs from April 22 through April 29, and Election Day is May 3. Voters can find polling locations on the Collin County Elections website.