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Taxpayers see one school district tax rate on their property tax bill. However, that one tax rate is made up of two components: the district’s Maintenance and Operations (M&O) tax rate and the Interest and Sinking (I&S) tax rate.

Passage of all three bond propositions does not increase the current overall tax rate. In fact, the overall tax rate is expected to decrease by $.05 over the next eight years.*

Specifically, the bond proposition would result in an estimated $.09 increase to the I&S rate, and with an estimated decrease of $.15 to the M&O rate due to compression, the overall tax rate will decrease.

The maximum I&S tax rate implication is estimated to be $8/month for $100,000 valuation over an eight year period.

(*estimates based on current law)

Anticipated Tax Rates 

Bond Tax Rate Table

What if I’m over age 65?
Property taxes for senior citizens over the age of 65 and disabled persons are generally frozen as long as they’ve applied for and received an exemption from the appropriate appraisal district.

Ballot Language
Legislation passed in the 2019 Texas Legislative Session requires that school
districts include the ballot language “THIS IS A PROPERTY TAX INCREASE,” regardless of the bond's impact on the district’s tax rate.

This law only applies to school district bonds. You will not see this language on other governmental entities bond proposals.

“Recapture” refers to the amount of local school district tax collections that must be sent to the State general fund as a result of the State law commonly known as “Robin Hood.”

For the 2022-23 school year, Alamo Heights ISD will send $36.7 million dollars of local M&O tax revenues to the State general fund.That’s 49 cents for every dollar of M&O tax revenue generated.

Since 1994, a total of $660 million of Alamo Heights ISD taxpayer revenues have been paid to the State in the form of recapture payments.

Bond dollars aren’t subject to recapture by the state, meaning every dollar would be invested in AHISD students and facilities.

How do property appraisals affect homeowners?
Assessed home values are set by the county appraisal district, not Alamo Heights ISD. Property taxes are calculated by multiplying the district tax rate by each $100 of taxable value of your property. If your assessed taxable value goes up, the amount you pay will go up even if your tax rate remains the same.

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