Welcome to the Ganado ISD Bond Program Website
On May 9, 2015, the voters of Ganado ISD (GISD) overwhelmingly approved the single proposition presented. The $24,430,000 proposition will address educational adequacy and capacity challenges by replacing the aged facilities in GISD. This website has been designed to provide the community with regular updates of the program's progress. Check back regularly for updates!
New High School and New Elementary Design Moving Full Speed Ahead
The overall Schematic Design for the New High School and New Elementary was presented to the Board of Trustees at the November 17th Board Meeting and was met with unanimous approval. Staff and OBR continues to meet with Stantec Architecture in regards to the overall design of the campuses and Stantec is moving forward with the creation of Design Documents. Construction for these projects is tentatively scheduled to begin this summer.
Follow the link below to see the Schematic Design Presentation.Schematic Design Presentation
Ganado ISD Issues First Round of Bonds
On the August 22, 2016, the Board of Trustees held a special board meeting to lock-in a historically low interest rate for the first installment bond sale of $6,345,000. The 30-year bond attained a fixed interest rate of 3.07%, allowing the District to take advantage of the historically low interest rate environment.
Despite the sale of new bonds, the District was also able to reduce the overall tax rate for the 2016 Tax Year from $1.19 to $1.18 per $100 valuation.
The remaining bond authorization of $18,085,000 will be sold over the next 12 to 24 months.