BALLOT INFORMATION

What to Expect on Your Ballot

Early Voting: Apr. 22 – 30 | Election Day: May 4

If there will be no change to the LISD tax rate, why does the ballot include this statement: “this is a property tax increase”?

When you read your ballot you will see statements regarding a “property tax increase”. The language regarding a property tax increase is required by the state of Texas for all school districts to include on the ballot. Bonds do add to the total debt of any school district and are repaid from property taxes. Despite that requirement, even if approved, the LISD tax rate will not change.

The tax rate determines how much money people pay based on the value of their property. School districts set the tax rate, but the county appraisal district sets your property values.

The bond proposition authorizes the district to levy a tax to pay for the new bonds. Bondholders wouldn’t purchase the bonds without this promise to repay. The “property tax increase” clause is required by law because issuing new debt adds payments over a period of time. So while the projects in the bond can be completed with no tax rate increase, taxpayers will be helping LISD pay off those bonds for a longer period of time.

Preview your ballot:
Denton County | Tarrant County

In this episode of UnRapped, we break down how school bond debt affects the tax rate.

PROP A:
Aquatic Centers

The Ballot Will Read:

THE ISSUANCE OF $16,250,000 OF BONDS BY THE LEWISVILLE INDEPENDENT SCHOOL DISTRICT FOR IMPROVING, RENOVATING, REHABILITATING AND EQUIPPING THE EXISTING EASTSIDE AQUATIC CENTER AND WESTSIDE AQUATIC CENTER, AND NOT THE CONSTRUCTION OF NEW AQUATIC CENTERS, AND LEVYING THE TAX FOR PAYMENT OF PRINCIPAL AND INTEREST ON THE BONDS. THIS IS A PROPERTY TAX INCREASE.

Summary:

Maintenance, repairs and renovations at the Eastside Aquatic Center and Westside Aquatic Center. This is not for new facilities. Even if approved, the LISD tax rate will not change.

PROP B:
Athletics & Recreation

The Ballot Will Read:

THE ISSUANCE OF $65,585,000 OF BONDS BY THE LEWISVILLE INDEPENDENT SCHOOL DISTRICT FOR CONSTRUCTING, IMPROVING, RENOVATING AND EQUIPPING ATHLETICS FACILITIES CONSISTING OF LOCKER ROOMS, CONCESSIONS AND FIELD HOUSE; TENNIS COURTS; BASEBALL / SOFTBALL FACILITIES AND PLAYING FIELD TURF REPLACEMENT, AND LEVYING THE TAX FOR PAYMENT OF PRINCIPAL AND INTEREST ON THE BONDS. THIS IS A PROPERTY TAX INCREASE.

Summary:

Maintenance, repairs and renovations at athletics facilities consisting of locker rooms and field houses; tennis courts; baseball/softball facilities; middle school competition fields; high school practice fields; and concession areas. Even if approved, the LISD tax rate will not change.

PROP C:
Stadiums

The Ballot Will Read:

THE ISSUANCE OF $19,999,000 OF BONDS BY THE LEWISVILLE INDEPENDENT SCHOOL DISTRICT FOR STADIUM IMPROVEMENTS AT THE EXISTING STADIUMS, AND NOT THE CONSTRUCTION OF NEW STADIUMS, AT HEBRON HIGH SCHOOL, FLOWER MOUND HIGH SCHOOL, THE COLONY HIGH SCHOOL, MARCUS HIGH SCHOOL AND LEWISVILLE HIGH SCHOOL, AND LEVYING THE TAX FOR PAYMENT OF PRINCIPAL AND INTEREST ON THE BONDS. THIS IS A PROPERTY TAX INCREASE.

Summary:

Maintenance, repairs and renovations to existing stadiums at Hebron High School, Flower Mound High School, The Colony High School, Marcus High School and Lewisville High School. This is not for new stadiums. Even if approved, the LISD tax rate will not change.

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