Abilene ISD is sitting on over a million dollars in bond funds as well money from the sale of district property.

So begins the process of what to do with it.

One plan brought up at Monday's school board meeting proposed using the money to deal with asbestos at four schools in the district.

The word alone can cause panic in any parent who sends their child to a school in the AISD, but KTXS was told that it's pretty common in buildings around the district and because of that, crews stay of top of it by monitoring where asbestos is and when they need to handle it.

"We track it, we know where it is and every year we go on we have less and less of it in the district to track," said Joe Humphrey, who coordinates construction projects for AISD.

One proposed project for millions of extra dollars in the district is handling asbestos in four campuses:

Abilene and Cooper High and Madison and Mann Middle Schools.

Humphrey told KTXS that asbestos isn't the fuzzy stuff, similar to dust, it's actually under it.

He said it's covered by layers of paint and other materials that keep it from getting airborne and creating a health hazard.

Humphrey admits that asbestos can be found at most campuses around the district because a lot of the schools were built between the 50's and mid 80's when asbestos was used as a common building material.

"Any of the public buildings in other places built in that era, there's a good chance that asbestos is there," he said.

Humphrey said the process won't be cheap- it could cost more than a million dollars to fix all four campuses.

That project is just one of several the board is considering.

The school board held its first discussion on how to spend those bond dollars earlier this week.

Other projects include renovating restrooms at Abilene and Cooper High and construction projects at other campuses in the district.

District leaders said it could take some time before they decide which project to fund.