A recent independent analysis by BOK Financial, using data from the Texas Comptroller, Texas Education Agency, and the Municipal Advisory Council of Texas, confirms what many in our community already know—Midway ISD is one of the most fiscally responsible districts in the state.
The study compared 21 Texas school districts with enrollment between 7,500 and 10,000 students, at least $100 million in outstanding debt, and steady enrollment growth over the last decade. The results placed Midway ISD at the very top for responsible debt management.
Among comparable districts, Midway ISD has:
- The lowest amount of total bond principal outstanding.
- The lowest bond principal per student.
- The lowest bond principal as a percentage of taxable value.
- The second-lowest Interest & Sinking (I&S) tax rate in the group.
Even with the addition of the proposed $83.5 million bond, Midway would still have the lowest total bond principal outstanding among its peer districts.
A second comparison looked at 20 districts within Education Service Center (ESC) Regions 12 and 13 with enrollments between 5,000 and 15,000 students and at least $100 million in outstanding debt. Midway ranked near the top again, maintaining one of the lowest overall debt levels and tax rates in the region.
“This independent data reinforces what this board has emphasized throughout not only our financial planning each year, but also through this bond planning process and many others before it,” said Superintendent Dr. Chris Allen. “Midway continues to operate with fiscal discipline, using taxpayer dollars wisely to meet current and future needs—all without increasing the tax rate.”
The findings come as the district prepares for the November 4, 2025 bond election, which would fund facility, technology, and infrastructure improvements across all campuses with no tax rate increase.
