What is the purpose of a "bond election" in Texas?

The purpose of a bond election in Texas is specifically to allow voters to approve borrowing for public projects. During a bond election, local governments, such as school districts or city councils, present plans for funding essential infrastructure improvements, which may include building schools, roads, parks, and other public facilities. The bond measures typically require voter approval because they involve incurring debt that will be repaid over time through property taxes or other revenue streams.

When voters participate in a bond election, they assess the proposed projects and their funding implications. If the majority approves the bond proposal, the government can issue bonds to raise the necessary funds upfront, and then pay back the debt over several years using the revenue generated from taxes or other streams designated for this purpose. This process directly connects community needs with funding decisions, allowing residents to have a say in the financial commitments made on their behalf.