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BOND UPDATE
 

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.

 

Tax Chart

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