Tax Information


There will be NO TAX RATE INCREASE for seniors 65 and older or disabled due to the homestead exemption. 

 

TOTAL BOND PROPOSAL = $305,000,000


To address the district needs recommended by the Future Facilities & Planning Committee, which includes community members and parents, Pasadena ISD is requesting a Bond in the amount of $305,000,000 with a property tax rate change of $0.03.

FISCAL ACCOUNTABILITY

Pasadena ISD has implemented 9 refunding and 2 prepayment programs to reduce the cost of voter-approved bonds – which have generated more than $73.8 million of savings for District taxpayers since 2012.  Visit the Fiscal Accountability page for more information.




$0.03 TAX RATE CHANGE 




PROPOSITION A = $0.028
PROPOSITION B = $0.001
PROPOSITION C = $0.001
TOTAL TAX RATE = $0.03 





How will Texas Proposition 2
affect the Pasadena ISD Bond Tax Rate?


The Texas State Legislature referred two amendments to the ballot related to taxes:

  •  A measure that would authorize the state legislature to reduce the limit on property taxes imposed on the homesteads of elderly or disabled residents to reflect any tax rate reduction enacted by law from the preceding tax year
  • A measure to increase the homestead exemption for school district property taxes from $25,000 to $40,000.

 

If TX PROP 2 Passes


*Based on the average cost of a gallon of milk from Feb. 2022



2021 DEBT SERVICE TAX RATE


Debt Tax Rate