About Us » Taylor ISD Bond 2022

Taylor ISD Bond 2022

The Taylor ISD Board of Trustees unanimously approved an order on August 15, 2022, calling for a NO TAX RATE INCREASE bond election to be held on November 8, 2022. The 2022 bond addresses safety, district growth, and aging facilities.  (OFFICIAL NOTICE)

 

The projects included in the bond are based on recommendations from the Taylor ISD Community Advisory Committee (CAC). The CAC, a diverse group of local citizens, parents, and school employees, met four times over several months to examine facility needs, costs, possible projects and to rank these needs. Priorities included improving facility safety, land acquisition, adding CTE classrooms at THS and providing our elementary schools adequate spaces and furniture. The committee reached 100% consensus in their recommendation. The CAC presented their recommendation to the Taylor Board of Trustees on August 4, 2022.

 

 

Bond 2022 Major Projects (summary list)

  • District Wide Safety and Security Updates
  • Major Maintenance Repairs and Replacements
  • Taylor High School CTE Addition/Renovation
  • Taylor Middle School Addition/Renovation
  • Modernization at Main Street, Pasemann, and TH Johnson Elementary Schools
  • Land Acquisition
 
 
Important Dates
September 13 - NPE Cafeteria @ 7PM | Bond Info Meeting
September 20 - TMS Cafeteria @ 7PM | Bond Info Meeting
September 27 - THS Cafeteria @ 7PM | Bond Info Meeting
October 3 - THJ Cafeteria @ 7PM | Bond Info Meeting
October 10 - MSI Events Center @ 7PM | Bond Info Meeting

October 11 | Last Day to Register to Vote
October 24 to November 4 | Early Voting

Tuesday, November 8, 2022 | Election Day

 

Taylor ISD’s total tax rate for the 2022 tax year, is $1.28 per $100 of assessed valuation ($0.94 M&O + $0.34 I&S) and represents the lowest district tax rate since 2008. The Bond issue will not affect the tax bill, or the amount of taxes paid, for anyone over the age of 65 who have filed a homestead exemption.

 

 

To vote, you must be registered. To verify your registration or to register to vote, please visit Williamson
County’s voter registration website www.wilco.org/elections . Deadline to register is October 11. Early
voting is October 24 to November 4. Election day is November 8. Williamson County allows voters to vote
at any open Election Day Vote Center.
The Community Advisory Committee (CAC), a diverse group of local citizens, parents, and school
employees, met four times over several months to examine facility needs, costs, possible projects and to
rank these needs. Priorities included improving facility safety, land acquisition, adding CTE classrooms at
THS and providing our elementary schools adequate spaces and furniture. The committee reached 100%
consensus in their recommendation. The CAC presented their final recommendation to the Taylor Board
of Trustees on August 4, 2022.
The bond will NOT increase the Taylor ISD tax rate based upon financial projections. In 2019, the Texas Legislature passed legislation requiring the ballot for all school district bond referendums to include the sentence, “This is a property tax increase.” The sentence is required even if no actual tax rate increase will occur. Taylor ISD’s total tax rate for the 2022 tax year, is $1.28 per $100 of assessed valuation ($0.94 M&O + $0.34 I&S) and represents the lowest district tax rate since 2008.
The Bond issue will not affect the tax bill, or the amount of taxes paid, for anyone over the age of 65 who have filed a homestead exemption.
Bond funds are not subject to recapture, now known as local revenue in excess of entitlement. All bond funds approved by district voters will remain in Taylor to directly benefit our community.
A bond proposition can only be used for facility construction or renovation. Taylor ISD pays thousands of dollars in major maintenance repairs every year out of our operating budget that pays for staff compensation. A bond that pays for major maintenance needs (example: roof and HVAC replacement) makes funds for operating expenses including to compensate staff.
The tax rate would not decrease automatically two different reasons.  First, the school board sets the tax rate in August and it stays at that rate until the following year's August board meeting. 

Second, our discussion with our financial advisor has confirmed our perspective that is is financially responsible to keep the I&S tax rate (which pays off school bonds) at a level that would give the district the capacity to call for a school bond WITHOUT raising the tax rate.  The only exception to this would be if the current needs that require a bond (safety, security, land acquisition, CTE opportunities, etc.) no longer existed.
You can see a draft of our ten-year facility improvement plan here.
Get the facts and ask questions by emailing [email protected]