TAX IMPACT ON LEWISVILLE ISD HOMEOWNERS & SENIOR CITIZENS.
- The tax impact of the school bond package will be less than $16 per month on the average priced home*. The projected property tax rate is lower than the 2006 rate.
- Homeowners 65 years of age and older will see no increase in their tax rate because of the senior citizen homestead exemption.
- Lewisville ISD will finance the bond package with shorter 20-year bonds, providing millions of dollars in interest savings for taxpayers. Technology and others items with a limited life span will be funded with shorter term bonds.
* The averaged priced home in LISD is $310,000.