Keller School District Bond Committee meeting reveals that a Texas law is empowering government vendors at the expense of taxpayers.
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VLK Architects,—a school design vendor that made $3.8 million after spending $5,000 promoting a $169 million school bond in 2014—is being greased again with new debt put on the district’s taxpayers.
Vendors who profited off of taxpayer debt from Keller school district’s 2014 bond have reappeared in this year’s bond election. They are also financial backers of the Keller ISD Education Foundation.
School vendors who made over $31 million from a North Texas school district’s 2014 bond have positioned themselves to cash in again from the district’s $315 million bond election.
Companies connected to helping push more debt on taxpayers in North Texas have been plying teachers with school supplies.
As early voting continues for a North Texas school bond election, various companies have poured money towards burdening taxpayers with hundreds of millions in debt.
A corporation that has benefited from previous school district contracts donates to pro-bond PAC in Keller’s school district election.
A proposed $315 million bond would add to the district’s $1 billion debt load, raising the debt per student close to $30,000 and hiking tax bills—even though student enrollment growth is slowing.
Board of trustees unanimously approves election this November to increase their over $1 billion debt burden.
Keller ISD to consider asking taxpayers to take on, and pay back, over $300 million of debt.