Posted Date: 02/06/2020
Malakoff Independent School District
To Pay Off Building Bonds Early
MALAKOFF, TX, February 6, 2020 -- Malakoff Independent School District is proud to announce that the district will be paying off its Series 2010 school building bond ten years before its balance is due, saving the district over $500,000.
“Malakoff ISD prides itself on being a good steward of taxpayer money,” explained Superintendent Don Layton. “Paying off this bond early, and saving our taxpayers slightly over half a million dollars in bond repayments shows that we take our charge of being responsible to the taxpayers in our school district very seriously.”
Money from the 2010 bond was used to complete several projects in the district, including the renovation of Malakoff Elementary School’s “Rock Building,” building a new science wing at Malakoff High School, updating some of the athletic facilities including a new press box at the football field and other smaller projects throughout the district.