HEB ISD School & Family Magazine Spring 2018 | Page 9

GROWTH
• According to a recent demographic study,
HEB ISD is anticipated to grow by more than
2,600 students over the next 10 years
• The District is expected to add nearly 500
elementary students in the next five years and
approximately 900 elementary students
in the next 10 years
•
Growth projections also show that many of the
District’s junior high schools are expected to be
over capacity within two years
FINANCIAL INFORMATION
• The District has lowered the Interest & Sinking
tax rate for six consecutive years, and the
current tax rate is the lowest it has been in
over 20 years
• If passed, the estimated maximum tax impact
of this bond is 9.4 cents, or approximately
$13.71 per month for a home valued at
$200,000
•
of the bond is
designated to address
the increase in student
enrollment.
Growth
Projections
Over 5
and 10 years
26,037
+2,608
25,130
23,429
2017-2018
2022-2023
2027-2028
The tax increase would be phased in over two
years with an increase of 4.3 cents in 2018
and an additional 5.1 cents in 2019
AGE 65 AND OLDER:
NO TAX INCREASE
HEB ISD property taxes for citizens age 65
or older would not be affected by the bond
election as long as a homestead and over 65
exemption application have been filed
with the local appraisal district.
HEB ISD
LOWEST TAX
RATE IN 20
YEARS
HEB ISD has
lowered the
Interest &
Sinking tax
rate for six
consecutive
years.
VOTING INFORMATION
HEBISDBOND.COM
Early Voting: Monday, April 23 - Tuesday, May 1, 2018
Election Day: Saturday, May 5, 2018
Deadline to Register to Vote: Thursday, April 5, 2018
7