Tax Rate Impact

The 2021 Bond was created with taxpayers in mind. With this bond will raise the PBTISD tax rate by 1 penny. This is still a NET decrease of 6.5¢ in the tax rate over the last two years.  In addition, PBTISD will be debt free before any new bonds are sold.

Compared to other districts in the west Texas, PBTISD has the second to lowest tax rate. 

Local Property Tax Rates

WILL CITIZENS 65 AND OVER BE IMPACTED BY THE PASSAGE OF THIS BOND?

 

No. Citizens 65 and over who have applied for and received the over 65 exemption will see no increase in their taxes as a result of the passage of this bond proposal.

 

DOES PBTISD OFFER ANY ADDITIONAL HOMESTEAD EXEMPTION IN ADDITION TO THE 25% STATE HOMESTEAD EXEMPTION?

Yes.  PBTISD offers an additional 20% local homestead exemption on school district taxes.


 


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