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Tax Impact

TAX IMPACT ON LEWISVILLE ISD HOMEOWNERS & SENIOR CITIZENS.

 

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  • 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.