Proposition B
Prop B asks voters to approve $430,950,000 in bonds for school facilities, school sites, buses and vehicles. It is the largest of the four bond propositions.
Jump to why this site recommends NO
Exact ballot language
As it will appear on the ballot, from the district's election order:
PROPOSITION B
THIS IS A PROPERTY TAX INCREASE“The issuance of $430,950,000 of bonds by the McKinney Independent School District for designing, constructing, renovating, improving, upgrading, updating, acquiring, and equipping school facilities, the purchase of the necessary sites for school facilities, buses and vehicles and the levying of a tax sufficient to pay the principal of and interest on the bonds.”
Full text of the proposition as written in the order
“Shall the Board of Trustees of the McKinney Independent School District be authorized to issue and sell bonds of the District in the principal amount of $430,950,000 for the purposes of designing, constructing, renovating, improving, upgrading, updating, acquiring, and equipping school facilities (and any necessary or related removal or demolition of existing facilities), the purchase of the necessary sites for school facilities, the purchase of new school buses, and the purchase or retrofitting of vehicles to be used for emergency, safety, or security purposes, with the bonds to mature, bear interest and be issued and sold in accordance with law at the time of issuance as may be determined within the discretion of the Board of Trustees; and shall the Board of Trustees of the District be authorized to levy and pledge, and cause to be assessed and collected, annual ad valorem taxes on all taxable property in the District sufficient, without limit as to rate or amount, to pay the principal of and interest on the bonds?”
What Prop B funds
The ballot language covers school facilities, school sites, buses and vehicles. The full text adds "any necessary or related removal or demolition of existing facilities," new school buses, and vehicles "to be used for emergency, safety, or security purposes." The election order says these improvements may be submitted "as a single proposition."
The ballot language does not mention elementary schools or a career and technical education (CTE) center. The district's mailer does. It lists Prop B as "Renovations, safety & security, two new elementary schools, CTE Center, buses and district vehicles." It says the money would "Build two new elementary schools where growth is happening" and "Build one shared CTE Center with Collin College." The mailer does not say where the new elementary schools would be built.
The district's bond page says: "Growth in the north: Two new elementary schools where enrollment has pushed campuses to or beyond capacity. Frazier, Press and Webb sit in the growth corridor identified by EFAC," the district's Educational Facilities Alignment Committee. Its FAQ says the new schools "would be built in that growth corridor," in "the northwest and northeast." As of October 5, 2026, no specific sites were named.
The numbers
| Item | Amount |
|---|---|
| Principal | $430,950,000 |
| Estimated interest (at 5%) | $110,151,209 |
| Estimated total cost (if repaid over 20 years) | $541,101,209 |
For comparison, the district's existing bonds have $338,220,000 in principal and an estimated $89,536,726 in interest outstanding.
The district's stated assumptions
- An interest rate of 5%.
- Repayment over 20 years.
- Taxable values in the district growing 2.75% in 2027 and 2.50% a year for 2028–2032, with no growth after that.
- The district's voter information document estimates a maximum annual tax increase of $0 on a homestead with a $100,000 taxable appraised value (net of the $140,000 homestead exemption). That figure depends on the growth assumptions above. It is an estimate, not a promise, and the ballot itself says "THIS IS A PROPERTY TAX INCREASE."
The election order says the 5% rate and the 20-year period "are only estimates, provided for Texas statutory compliance; they do not serve as a cap" on the interest rate or the repayment period. The bonds are to be repaid from taxes "sufficient, without limit as to rate or amount."
Closed schools
On November 5, 2025, the school board voted 7–0 to approve a committee recommendation "to repurpose" three elementary schools, effective for the 2026–2027 school year: C.T. Eddins Elementary, Arthur H. McNeil Elementary, and Earl & Lottie Wolford Elementary. The board's agenda describes them as three of the thirteen elementary schools "Located South of HWY 380 & West of HWY 75." The board's memo says the recommendation was for "repurposing three elementary campuses for alternative district operational uses." That means the three buildings stopped serving as elementary schools.
The district's election pages call this "closing." Its Prop A page says: "Closing three under-utilized southwest campuses saves $3 million a year." Its FAQ answers the question "The district just closed three elementary schools. Why is it now building two new ones?" by saying: "Closing buildings where students have left and buildings where students are arriving is the same decision, applied consistently: put facilities where the children actually are."
Opinion: Voters may want to consider that the district closed three elementary schools to save money and now is asking for $430.95 million that includes building two new elementary schools in another part of the district. Additionally, this site finds the placement of the district's election signs at these three closed elementary schools insensitive to the families affected.
What the TEA ratings showed before the MISD Board vote
| Campus | 2025 score | Rating | Status |
|---|---|---|---|
| Wolford | 93 | A | Closed |
| Bennett | 92 | A | Receiving |
| Eddins | 91 | A | Closed |
| Glen Oaks | 89 | B | Receiving |
| Wilmeth | 88 | B | Receiving |
| Valley Creek | 87 | B | Receiving |
| McNeil | 78 | C | Closed |
| McGowen | 75 | C | Receiving |
| Johnson | 74 | C | Receiving |
Where students were rezoned: Eddins to Bennett and Wilmeth; McNeil to Johnson, McGowen and Valley Creek; Wolford to Bennett and Glen Oaks.
The schools the students were rezoned to did not, as a group, rate higher than the ones they lost. Of the six receiving campuses, one was rated A in 2025 — Bennett, at 92. Three were rated B: Glen Oaks 89, Wilmeth 88 and Valley Creek 87. Two were rated C: McGowen 75 and Johnson 74. Wolford, at 93, scored higher than every campus its families were rezoned to. Five of the six scored below Eddins' 91. McNeil's families, leaving the campus that had just gained ten points to reach 78, were rezoned to Johnson (74), McGowen (75) or Valley Creek (87) — two of the three scoring below the campus that was taken from them. TEA published these ratings in August 2025, about twelve weeks before the board voted.
Opinion: This site does not claim accountability ratings measure everything a school is worth, or that the board closed campuses because of them. The point is narrower. The board had these ratings almost three months before it voted, and it chose to close two A-rated campuses and one that had just improved ten points.
Show MISD election signs at the 3 closed schools
Photos of the district's Election 2026 signs outside each of the 3 closed elementary schools:
Unspent 2021 bond money
The district's 2021 bond program report, dated August 2026 and presented at the September board meeting, shows $59,991,427 still remaining across all projects. "Remaining" is the project budget minus spending and commitments (encumbrances).
Show the 2021 bond figures
| Project | Budget | Spent | Committed | Remaining |
|---|---|---|---|---|
| All projects | $295,664,113 | $227,816,475 | $7,856,213 | $59,991,427 |
| Minshew Refresh | $7,500,000 | $0 | $0 | $7,500,000 |
| Wilmeth Refresh | $7,500,000 | $0 | $0 | $7,500,000 |
| Maintenance Building | $14,500,000 | $181,505 | $717,700 | $13,600,795 |
The report assigns this money to projects. It does not say the money is unneeded. This site's question, as opinion, is whether a new $430.95 million borrowing is needed before the money from the last bond is spent.
Why this site recommends NO (opinion)
- Prop B is one vote on a long list: building projects, school sites, buses and vehicles. Voters cannot approve some and reject others.
- The ballot language does not mention elementary schools or a CTE center, and the bonds are to mature, bear interest and be issued and sold "as may be determined within the discretion of the Board of Trustees," repaid from taxes "without limit as to rate or amount."
- By the district's own estimate, Prop B costs $541,101,209 with interest, on top of existing debt.
- About $60 million from the 2021 bond was still unspent and uncommitted in August 2026.
- The district closed three elementary schools to save money, and Prop B would pay for two new elementary schools elsewhere.
Sources for this page: bond election order, 2021 bond program report, November 5, 2025 board minutes, the district's bond page, the district's printed mailer, its 2025-2026 and 2026-2027 elementary zoning maps, and TEA's accountability rating summaries for each campus (see Sources).
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