Tax Information
NO TAX RATE IMPACT
If voters approve the $550,000,000 bond package, there will be NO tax rate increase.
How can the school district propose a bond without increasing my tax rate?
Q:
Community Growth
A:
The district is able to propose this bond without increasing the tax rate because of significant community growth. As more homes and businesses are built, the overall tax base in the district increases.
This growth means that even with the same tax rate, the district collects more total revenue. That additional revenue allows the district to issue new bonds and fund projects without raising the current Interest & Sinking (I&S) tax rate.
In other words, growth is helping pay for growth—and the district can invest in new facilities while keeping the tax rate stable.
