New Braunfels ISD Bond 2018

Potential Tax Impact

Graph showing up to 4-cent increase with decline the following years


NOTE: These are projections. The tax rate may increase at a lower rate or not at all.

  • 0-cent up to 4-cent tax increase per $100 valuation of residence
  • Highest rate potentially in 5th year at 4 cents
  • Drop back down in 6th year with steady decrease

RESIDENTS 65 YEARS OF AGE OR OLDER WOULD NOT SEE A TAX INCREASE

 

Year M&O
Tax Rate
Projected
I&S Tax Rate
Total
Tax Rate
Estimated Change
in Total Tax Rate
Estimated Total
Tax Rate Increase
2019-20 $1.04 $0.3390 $1.3790 $0.0132 $0.0132
2020-21 $1.04 $0.3444 $1.3844 $0.0054 $0.0186
2021-22 $1.04 $0.3553 $1.3953 $0.0109 $0.0295
2022-23 $1.04 $0.3633 $1.4033 $0.0080 $0.0375
2023-24 $1.04 $0.3668 $1.4068 $0.0035 $0.0410
2024-25 $1.04 $0.3633 $1.4033 -$0.0035 $0.0375 (No Increase)

1 cent increase equals to $10 more in I&S taxes per year for every $100,000 of appraised value of your home.

Updated: July 3, 2018

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