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Tax/Financial Implications
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Bonding capacity of the District is $75 - $80 million
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The approximate cost of this bond is $49,800,000
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The remainder of the bonding capacity is $25 - $30 million and will be available for future needs
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This bond will mean an 18-23 cent increase per $100 property valuation
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The average taxable home value in East Central is $81,815
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This will mean an average increase of $12-$15 per month or $150-$185 per year
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East Central currently has the second lowest tax rate in Bexar County
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The renovation/reconstruction of the high school will be a 2 year project
Click on the map to download pdf file
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