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Read about the district's Qualified School Construction Bonds program for building a School of Health Professions.
About the Bond
HCISD Board of Trustees approved a 8.3 percent, 9.4 cents per $100 in property valuation, tax increase as a result of the $98.6 million 2010 Bond Initiative. Property owners within the district will pay $1.219 per every $100 in property value, opposed to $1.125 in 2009.Tax payers over 65 years old will not see an increase in taxes on existing properties.Voters approved a 9.7 cents increase during the May 2010 Bond Election. HCISD business official were able to decrease the cost for the bond program by obtaining a lower interest rate on bonds sold in the fall of 2010.The district will pay an overall interest rate of 3.389 percent over the next 30 years to pay for the bond, covering about $49.3 million.To learn more about how the school district will pay for the bond program,click here.The Texas Education Agency (TEA) is cover the other half of the bond program through an Instructional Facility Allotment (IFA) that TEA approved in August.To learn more about the IFA, click here.
Ninth Grade Academy
Forms & Documents