Property tax impact of Terrell ISD bond proposal.
Thanks to a series of property tax rate cuts by the Terrell ISD School Board, with passage of bond proposition our tax rate would remain 18¢ lower than 6 years ago.
Terrell ISD has a long tradition of being fiscally responsible. For two decades, the district has received an A rating from the Texas Education Agency for financial accountability. This is the highest rating possible.
Recent cost saving measures by the Terrell ISD Administration have saved taxpayers just under $10 million.
Homeowners 65 and older will see no increase in their property tax rate due to the senior citizen homestead exemption.