Bond 2001: Tax Information

NISD voters have approved four bond packages since 1998 totaling $1.9 billion dollars. With that, the construction of 39 new schools has been completed, begun, or been planned for.

NISD is growing by almost 4,000 students per year, and 50% of all new homes built in Bexar County are being built here in Northside.

For more information on our bond related taxes, please contact us.

 

2001-2002 2002-2003 2003-2004 2004-2005 2005-2006
Rate Projected During Bond Election[1] $1.7375 $1.8126 $1.4629 $1.8561 $1.8586
Revised Projection $1.7375 $1.7625 $1.7625 $1.7625 $1.7625
Difference Between Original and Revised Projection 0.0000 (0.0501) (0.0767) (0.0936) (0.0961)

[1]This table shows the total tax rate. The operation portion (M&O) of the tax rate is $1.50 for all years shown. The remainder of the tax rate is the part impacted by the bond program. It is called the Interest and Sinking (I&S) Fund rate or the debt service rate.