As the Austin Independent School District gets ready to ask voters to approve hundreds of millions of dollars in borrowing next May, figures published by the Texas Comptroller today show the district has one of the the lowest per-student debt rates among Austin-area school districts.
That said, AISD also has the most debt of any district in the area, at $809,435,850. But calculated on a per-student basis, AISD’s outstanding debt it is $9,492. The Austin school district also has the lowest debt per capita of $1,272.
A lot depends on how you define “Central Texas.” Lockhart ISD, for example, has a lower debt-to-student ratio of just $5,565.75. You will find lower debt ratios in some of the outlying, more rural districts in the region, like Granger ISD, Florence ISD, and Prarie Lea ISD, which has no debt at all. (It also has a student population of 232.)