Groesbeck Independent School District (GISD) is situated in its namesake city, located about 38 miles east of Waco, and on August 12th, 2025, GISD on the uniform state Election Day, November 5th, 2025. At that time, area residents will decide on one bond proposition which asks, in part:
- Proposition A: “THIS IS A PROPERTY TAX INCREASE. The issuance of $67,000,000.00 for the construction, renovation, improvement, acquisition, expansion, and equipment of school buildings in the district; and levying the imposition of taxes sufficient to pay the principal and interest on the bonds and the cost of any credit agreements.”
While the proposition language above provides voters with a sense of the nature and cost of the ballot question, it is also incomplete in some regard. For example, the stated cost element—i.e., $67,000,000—is specific to the principal amount only. It does not convey the full principal and interest costs associated with the government’s proposed borrowing.
To obtain greater financial detail, we must turn to the Voter Information Document (VID), which provides an estimate of the proposed principal ($67,000,000), interest ($64,028,000), and the full repayment amount ($131,028,000). Thus, Proposition A’s actual cost is substantially more than its advertised cost.
In addition, the VID also discloses how much debt GISD currently owes. Per the document, its outstanding principal debt is $2,800,000, its estimated interest costs are $226,450, and its expected repayment is $3,026,450.
Oddly, it does not appear that GISD’s VID contains a tax impact estimate, as required by Sec. 1251.052 (b) (3) of the Government Code. It’s is unclear why this information might be missing.
Still, GISD residents—and all Texas voters—should take a moment to become more familiar with the VID(s) specific to their area, as it contains useful information to help voters make more informed decisions.
