Bond
Funds Stay Here
Unlike most of SBISD’s
budget, bond funds are not subject to the state’s
current Chapter 41, or “Robin Hood,” funding
formula. Millions of Spring Branch tax dollars
have been sent elsewhere due to this ongoing
state legislation, but 100 percent of any bond
funds approved by district voters will remain
in SBISD to directly benefit our children.
For the owner of a $200,000 home, the bondissue
will cost an estimated $141.00 a year.
However,
school property taxes were recently reduced
by the State Legislature. Spring Branch voters
can approve this bond package and their school
property tax rate will still be lower than
it was this past year.

|