It is going to be a Merry Christmas for Arp ISD.
And certainly a prosperous new year with the potential of many more.
In Feb. 2025, our school district will pay down $1 million on a portion of the 2015 junior high school bond series. A move that will save the district more than $525,000 in interest.
Monday Dec. 9, the Arp ISD school board voted to move forward with this interest-saving resolution.
"Our ability to reduce the debt on the junior high school facility bonds gives us even more financial opportunity to improve and strengthen our school district for many years to come,” stated Arp ISD superintendent Shannon Arrington.
In 2021, Arp ISD paid off, four years early, a portion of the 2002 high school bond series. This saved the district $32,775 in interest.
“Thankfully, over the last several years, Arp ISD has been able to complete over $2.5 million worth of upgrades to our existing school facilities, thus providing students with valuable resources to enhance their education experience, and raising and incentivizing staff salaries, all while strengthening our financial standing," Arrington explained.
Even as funding for public schools in the State of Texas remains uncertain, the Arp ISD administration with the support of its school board is figuring out a way to thrive, and give its students, and staff more of what they deserve education-wise, and employment-wise respectively.