District Proposed Tax Rate Unchanged From Previous Year Despite $487 Million Bond

District Proposed Tax Rate Unchanged From Previous Year Despite $487 Million Bond
Posted on 07/31/2017
tax rateThe proposed tax rate for 2017-2018 will remain unchanged with $1.04 allocated for maintenance and operations and $0.36 for interest and sinking.

During the 2017 Clear Creek ISD Bond Program election process, the District anticipated an increase of $0.035 on the interest and sinking tax rate for the year to support the $487 million bond proposal. However, CCISD will not have to increase the tax rate this year to pay debt associated with the bond program due to rising property values.

The Clear Creek ISD Board of Trustees has scheduled a public hearing to discuss the 2017-2018 budget and proposed tax rate on August 28, 2017 at 6:00 p.m. in the Board Room at the Education Support Center, 2425 East Main Street in League City.

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