SAN ELIZARIO, Texas – The San Elizario Independent School District (SEISD) Board of Trustees approved a Bond referendum of $24,500,000. As a result, San Elizario ISD voters can vote on " The ONE Proposition ONE Project ONE Community” Bond on Election Day, Tuesday, November 8, 2022.
The bond will go towards constructing a new two-story building with new classrooms, labs, and interactive spaces, plus new rooms for fine arts and an administrative office area with a control vestibule for enhanced security. In addition, the bond will go towards site improvements for the student drop-off and improvements to athletic facilities.
If the bond proposition is approved, the tax rate will increase by approximately $0.35 based on current estimates of interest rates, State aid, and considering the district reserves.
Citizens 65 years of age or older who have filed for and received the over-65 exemption would be entitled to have their taxes frozen at age 65 and would not receive an increase in property taxes due to this tax issue.