OVERVIEW
On August 20, 2013, the CSISD Board of Trustees unanimously approved calling a bond election for November 5, 2013, for an amount of $83.5 million. If passed by the voters, the bond sale will have a property tax impact of $.05 to $.08 per $100 of valuation for the 2014-15 fiscal year.
Tax Impact
The chart below shows the potential monthly and annual increase in property taxes for those who live in the CSISD taxing jurisdiction. These increases will not affect those whose property values are frozen.
| Taxable Value |
$.05 rate increase |
$.08 rate increase |
|
Monthly
Increase |
Yearly
Increase |
Monthly
Increase |
Yearly
Increase |
| $150,000 |
$6.25 |
$75 |
$10.00 |
$120 |
| $200,000 |
$8.33 |
$100 |
$13.33 |
$160 |
| $250,000 |
$10.42 |
$125 |
$16.67 |
$200 |
| $300,000 |
$12.50 |
$150 |
$20.00 |
$240 |
| $400,000 |
$16.67 |
$200 |
$26.67 |
$320 |
| $500,000 |
$20.83 |
$250 |
$33.33 |
$400 |
| $1,000,000 |
$41.67 |
$500 |
$66.67 |
$800 |
What's Included in the Bond Package?
A panel of community members and district personnel met six times in the spring of 2013 to identify capital needs in CSISD. After studying the district's enrollment history and projections, student demographic trends, the growth of the City of College Station, the committee concluded the following projects were of the highest priority.
In addition, the following items were discussed, but were not included in the 2013 bond package:
- Maintenance and Operations Center
- Natatorium
- Oakwood Gym Expansion
- Multi-Use Performing Arts Center
- Ag Science Center