Clear Creek ISD officially adopts lowest property tax rate in nearly three decades


As part of the fiscal year 2019-20 budgeting process, on Sept. 30, the Clear Creek ISD board of trustees officially adopted a property tax rate of $1.31 per $100 valuation, the lowest tax rate in CCISD in 27 years.

The tax rate, which will be reflected in tax bills sent to residents and business owners in November, includes $0.97 per $100 valuation for maintenance and operations and $0.34 per $100 valuation for debt service. The previous tax rate of $1.40 per $100 valuation had not changed since FY 2013-14.

“We are pleased to be able to pass [these]significant tax savings to our residents and business owners while simultaneously providing our staff record compensation packages,” Superintendent Greg Smith said in a press release.

The tax rate drop is due mostly to House Bill 3, which will increase state funding for school districts, reducing the need for local tax dollars. When voters approved a 2017 CCISD bond to fund construction, rebuilding and maintenance of schools, the district expected a tax rate increase of $0.035, but instead, the tax rate has been reduced by $0.02 due to high property values and proactive management of the bond program’s debt, according to the release.

In late August, the CCISD board approved the FY 2019-20 budget of $361.2 million, which includes $11.7 million worth of raises for teachers and staff.

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Jake Magee
Jake Magee has been a print journalist for a few years, covering topics such as city government, education, business and more. Starting off at a daily newspaper in southern Wisconsin, Magee covered two small cities before being promoted to covering city government in the heart of newspaper's coverage area. He moved to Houston in mid-2018 to be an editor with Community Impact. In his free time, Magee enjoys playing video games, jamming on the drums and bass, longboarding and petting his cat.
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