Communications Department
District News & Updates

CCISD 2012-2013 Press Release

Office of Communications

2425 East Main Street
League City, Texas 77573
Contact: Elaina Polsen, Director

(281) 284-0020 or epolsen@ccisd.net

August 4, 2014

Tax Impact for CCISD Bond is Less than Expected
 

League City, Texas- Taxpayers in the Clear Creek Independent School District will not see a tax rate increase this year as it relates to the CCISD Bond program. In May 2013, voters overwhelmingly approved a total tax rate increase of $0.1125 to fund $367 million in school improvements. Originally, the tax rate increase would have been spread out over the course of three years. However, the total tax rate will be significantly less than projected.

Through the district’s financing plan and an increase in local taxable values, the school board will not increase the tax rate this year. “We are pleased we can keep the debt service rate at $0.36 this year. We are also hopeful that we will be able to hold at this rate as the maximum increase for the entire bond program,” said Paul McLarty, Deputy Superintendent of Business and Support Services. If his projections hold true, McLarty says the total tax rate increase may be closer to $0.0400 versus the voter-approved $0.1125, which is less than half of what voters approved.

On August 18, 2014 the school board will hold a public hearing to discuss the budget and proposed tax rate. The proposed tax rate is $1.04 for the Maintenance and Operations Fund and $0.36 for Interest and Sinking Fund also known as the debt service tax rate. 

 


Education Support Center
2425 E. Main Street   |   League City, Texas 77573   |   (281) 284-0000
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