Marble Falls ISD to call $172M bond election

Marble Falls ISD trustees will seek approval of a $172.2 million bond election in May after voters rejected a tax hike in November.

A committee appointed by the board reported that the bonds could be sold and financed without a tax hike. If approved by voters, the district would simply add the funds to the existing bond debt.

“Through your good management of bond funds is why we have the ability, to have $209 million available with no tax increase,” Superintendent Jeff Gasaway told trustees. “You’ll hear that over and over, no tax increase.”