Purpose

The Fort Bend ISD Bond Oversight Committee was created to work in an advisory capacity with the District to develop the Bond 2014, Bond 2018 and Bond 2023 proposals. With voter approval of bond elections, the committee has met quarterly to review the status of capital projects, bond expenditures, project schedules, and the timeliness of bond projects. The committee has reported its work and findings to the Board of Trustees on a periodic basis. Information regarding the work of the committee, including meeting agendas and meeting minutes, is published on the FBISD website.

Meetings of the Bond Oversight Committee are open to the public. Members of the FBISD community are invited to attend committee meetings for the purpose of listening to and observing the work of the Bond Oversight Committee.

Responsibilities of the Bond Oversight Committee

• Review the financial status of voter-approved bond program through periodic financial reports such as financial statements, investments reports, contracts, budget amendments, approved bid awards, related debt, and other reports the committee may request of the Superintendent.
• Review the progress of voter-approved capital projects.
• Review the expenditure of bond proceeds to determine that proceeds are being expended for the approved purpose.
• Meet quarterly to perform the work of the committee.
• Through the committee chairperson, report to the Board of Trustees not less than annually regarding the work and findings of the committee.

2023 Bond Referendum

Voters approved a $1.225 billion bond on Monday, May 6, 2023.

2018 Bond Referendum

On Monday, August 13, 2018 the FBISD Board of Trustees called a $992.6 million bond referendum for November 2018. At the same time, the Board adopted two resolutions that outline the roles of the Bond Oversight Committee and ensure accountability for all bond funds.