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.