Judson ISD has lowered its school tax rate for four consecutive years. The total amount of taxes that an individual pays includes the school tax rate AND property taxes that are set by the county appraisal district. If the value of your home has increased based on the county appraisal assessment, then the total amount of taxes you pay is likely to rise. A school district does not have control over property taxes, only the school tax rate which was recently approved to be lowered by five cents this year.

The current tax rate for the district is $1.22.

The amount of taxes paid by each taxpayer is calculated by multiplying the district tax rate by each $100 of taxable value of the property. Therefore, if your assessed taxable value goes up, the amount you pay will go up even if the tax rate remains unchanged. The assessed value is set by your county appraisal district, not the school district.

This bond will result in a $0.01 increase to the school district tax rate.  The projected tax rate increase impact on a home valued at $150,000 is about $15.00 a year. 

The State Property Tax Code allows for school property taxes on an individual homestead to be “frozen” at the age of 65. If you are 65 years of age or older and you have filed for the “Over 65 Homestead Exemption”, there is a ceiling on the amount of school taxes to be paid. The only exception is if improvements are made to the home. As such, a tax increase from a new bond program cannot increase the applicable tax ceiling of a taxpayer that has qualified for the “Over 65 Homestead Exemption.”

We estimate that the tax rate increase would take place for the 2024 tax year.

This bond package will increase the district’s I&S (Interest and Sinking) tax rate, which pays for bonds, by $0.01 next year. The district’s M&O (Maintenance & Operations) tax rate, which funds district operations, will decrease by $0.05 next year. Therefore, if this bond passes, then the tax rate for Judson ISD will decrease by four cents next year.

Judson ISD has lowered its school tax rate for four consecutive years. The total amount of taxes that an individual pays includes the school tax rate AND property taxes that are set by the county appraisal district. If the value of your home has increased based on the county appraisal assessment, then the total amount of taxes you pay is likely to rise. A school district does not have control over property taxes, only the school tax rate which was recently approved to be lowered by five cents this year.

The current tax rate for the district is $1.22.

The amount of taxes paid by each taxpayer is calculated by multiplying the district tax rate by each $100 of taxable value of the property. Therefore, if your assessed taxable value goes up, the amount you pay will go up even if the tax rate remains unchanged. The assessed value is set by your county appraisal district, not the school district.

This bond will result in a $0.01 increase to the school district tax rate.  The projected tax rate increase impact on a home valued at $150,000 is about $15.00 a year. 

The State Property Tax Code allows for school property taxes on an individual homestead to be “frozen” at the age of 65. If you are 65 years of age or older and you have filed for the “Over 65 Homestead Exemption”, there is a ceiling on the amount of school taxes to be paid. The only exception is if improvements are made to the home. As such, a tax increase from a new bond program cannot increase the applicable tax ceiling of a taxpayer that has qualified for the “Over 65 Homestead Exemption.”

We estimate that the tax rate increase would take place for the 2024 tax year.

This bond package will increase the district’s I&S (Interest and Sinking) tax rate, which pays for bonds, by $0.01 next year. The district’s M&O (Maintenance & Operations) tax rate, which funds district operations, will decrease by $0.05 next year. Therefore, if this bond passes, then the tax rate for Judson ISD will decrease by four cents next year.

Judson ISD has lowered its school tax rate for four consecutive years. The total amount of taxes that an individual pays includes the school tax rate AND property taxes that are set by the county appraisal district. If the value of your home has increased based on the county appraisal assessment, then the total amount of taxes you pay is likely to rise. A school district does not have control over property taxes, only the school tax rate which was recently approved to be lowered by five cents this year.

The current tax rate for the district is $1.22.

The amount of taxes paid by each taxpayer is calculated by multiplying the district tax rate by each $100 of taxable value of the property. Therefore, if your assessed taxable value goes up, the amount you pay will go up even if the tax rate remains unchanged. The assessed value is set by your county appraisal district, not the school district.

This bond will result in a $0.01 increase to the school district tax rate.  The projected tax rate increase impact on a home valued at $150,000 is about $15.00 a year. 

The State Property Tax Code allows for school property taxes on an individual homestead to be “frozen” at the age of 65. If you are 65 years of age or older and you have filed for the “Over 65 Homestead Exemption”, there is a ceiling on the amount of school taxes to be paid. The only exception is if improvements are made to the home. As such, a tax increase from a new bond program cannot increase the applicable tax ceiling of a taxpayer that has qualified for the “Over 65 Homestead Exemption.”

We estimate that the tax rate increase would take place for the 2024 tax year.

This bond package will increase the district’s I&S (Interest and Sinking) tax rate, which pays for bonds, by $0.01 next year. The district’s M&O (Maintenance & Operations) tax rate, which funds district operations, will decrease by $0.05 next year. Therefore, if this bond passes, then the tax rate for Judson ISD will decrease by four cents next year.

Judson ISD has lowered its school tax rate for four consecutive years. The total amount of taxes that an individual pays includes the school tax rate AND property taxes that are set by the county appraisal district. If the value of your home has increased based on the county appraisal assessment, then the total amount of taxes you pay is likely to rise. A school district does not have control over property taxes, only the school tax rate which was recently approved to be lowered by five cents this year.

The current tax rate for the district is $1.22.

The amount of taxes paid by each taxpayer is calculated by multiplying the district tax rate by each $100 of taxable value of the property. Therefore, if your assessed taxable value goes up, the amount you pay will go up even if the tax rate remains unchanged. The assessed value is set by your county appraisal district, not the school district.

This bond will result in a $0.01 increase to the school district tax rate.  The projected tax rate increase impact on a home valued at $150,000 is about $15.00 a year. 

The State Property Tax Code allows for school property taxes on an individual homestead to be “frozen” at the age of 65. If you are 65 years of age or older and you have filed for the “Over 65 Homestead Exemption”, there is a ceiling on the amount of school taxes to be paid. The only exception is if improvements are made to the home. As such, a tax increase from a new bond program cannot increase the applicable tax ceiling of a taxpayer that has qualified for the “Over 65 Homestead Exemption.”

We estimate that the tax rate increase would take place for the 2024 tax year.

This bond package will increase the district’s I&S (Interest and Sinking) tax rate, which pays for bonds, by $0.01 next year. The district’s M&O (Maintenance & Operations) tax rate, which funds district operations, will decrease by $0.05 next year. Therefore, if this bond passes, then the tax rate for Judson ISD will decrease by four cents next year.