The LISD total tax rate has decreased by more than 37 cents over the last 6 years, resulting in the current tax rate of $1.1422.
If voters approve all five propositions, the estimated impact would be $0.83 per month, or $10 per year, for a $200,000 home in Longview ISD.
Proposition | Amount (million) | Estimated Monthly Impact |
---|---|---|
A | $237.7 | $0.43 |
B | $76.5 | $0.14 |
C | $79.1 | $0.14 |
D | $21 | $0.04 |
E | $41.9 | $0.08 |
If voters approve $237.7 million for Proposition A in May, the estimated impact would be $0.43 per month for a home valued at $200,000 in Longview ISD. If voters approve $76.5 million for Proposition B in May, the estimated impact would be $0.14 per month on the same home. If voters approve $79.1 million for Proposition C in May, the estimated impact would be $0.14 per month. If voters approve $21 million for Proposition D in May, the estimated impact would be $0.04 per month. If voters approve $41.9 million for Proposition C in May, the estimated impact would be $0.08 per month.
Compared to 15 other surrounding school districts, LISD has one of the lowest debt-to-assessed value ratios at 1.8 percent. Additionally, LISD received a near-perfect score from the Financial Integrity Rating System of Texas (FIRST), which holds school districts accountable for their financial management.
If trustees vote to call the bond election, Longview ISD will schedule informational meetings and be in the community to share more project information and answer questions. Dates and details for those meetings and general bond information will be shared through the district’s regular communication channels.