Bond 2022 Tax Information

Bond 2022- Tax Information
Posted on 04/11/2022
This is the image for the news article titled Bond 2022- Tax Information
In this week's Bond Update, MISD Assistant Superintendent of Finance & Operations Kris Lynn discusses the tax impact associated with the Bond 2022 proposal.
It’s important to note that Montgomery ISD currently has its lowest tax rate since 2005. The tax impact of Bond 2022 would be a less than a penny increase to the district’s current tax rate, which is $1.26 per $100 of assessed property value, for a total increase of $22.75 per year to the average home value in Montgomery ISD, which is $350,000.
If approved by voters, the district’s tax rate would increase slightly to $1.267, which is still lower than the district’s tax rate in 2020-21. School district taxes are frozen for residents aged 65 or over who have filed their homestead exemption.
To learn more and access a Bond 2022 property tax impact calculator, visit

MONTGOMERY INDEPENDENT SCHOOL DISTRICT does not discriminate on the basis of race, color, national origin, religion, sex, age or disability in any of its activities or operations. These activities include, but are not limited to, educational programs, employment of staff, selection of volunteers and vendors, and provision of services.

Website by SchoolMessenger Presence. © 2024 SchoolMessenger Corporation. All rights reserved.