Effects of the Bond Sale on Property Taxes

IISD Bond Proposition  $249,975,000

Tax
  Year  		 Total Debt
Service Tax Rate 
2007 $0.3485  
2008 $0.3710 *
2009 $0.3935 *
2010 $0.4160 *
2011 $0.4385 *
2012 $0.4610 *

*  Under current market conditions, the IISD tax rate (long term debt) is projected to increase 11.25 cents over the life of the bonds.

 
 
                                                    

For questions regarding the IISD Bond Election, contact the
IISD Public Information Department at 972-215-5200 or email thetford@irvingisd.net.