Tax Rate Information
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The tax rate in
the Bandera ISD is decreasing by 12 cents after the
Board of Trustees approved lowering the rate from
$1.63 per $100 valuation to $1.51 at a Regular
Meeting held on September 12, 2006.The Board voted
unanimously to lower the tax rate. The tax rate
adopted includes a Maintenance & Operations rate of
$1.32 and an Interest & Sinking Fund rate of $0.19.
The Interest & Sinking Fund tax revenue is used to
pay for bonded indebtedness on construction,
equipment, or both. The bonds, and the tax rate
necessary to pay those bonds, were previously
approved by the voters of Bandera ISD.
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