Investigation into Fort Bend ISD bond shows leaders failed to adjust for inflation between 2022, 2023 proposals

The investigation showed administration leaders made a “conscious decision” to not increase cost estimates for anticipated compounding inflation on projects between the 2022 and 2023 bond proposals. (Dave Manning/Community Impact) A law firm’s investigation shows Fort Bend ISD’s $132.6 million shortfall for its May 2023 bond was primarily…