PROP B

PROP A

PROP C

The proposed bond would be funded through the school district’s Interest & Sinking (I&S) tax rate and is projected to result in a limited, measurable impact for most property owners, with protections in place for homeowners age 65 and older.

Bond Amount
at a Glance

Total bond amount: $250 million

  • Proposition A: $208.5 million

  • Proposition B: $6.5 million

  • Proposition C: $35 million

Bond funds may only be used for voter-approved projects.

Tax Rate History

ESTIMATED TAX
RATE IMPACT​

The summary assumes a May 2026 bond election, with bonds sold in August 2026.​

The District’s current I&S tax rate is $0.2023​

According to the Hidalgo County Appraisal District, the average home market value in SISD is $311,936, with an average taxable value of $171,936.​

The tax impact matrix assumes a $170,000 home taxable value for illustration purposes.

Proposed I&S Tax rate increase: $0.19

Estimated Annual Impact on Homeowners:

$240,000 Home: $16 a month, or $196 annually

$310,000 Home: $28 a month, or $333 annually

$365,000 Home:  $37 a month, or $441 annually

$500,000 Home:  $59 a month, or $705 annually


*Estimates include $140,000 Homestead Exemption

Understanding the

Tax Rate Structure