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Bond 2022 Tax Information

Bond 2022- Tax Information
Posted on 04/11/2022
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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 www.misd.org/bond.

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