Editor's note: This story has been updated to correct the recommended bond package totals $230 million. The story previously stated the recommended bond package totaled $145 million.
The Magnolia ISD bond committee—which was made up of parents, community members and business owners—recommended a $230 million bond package to the board of trustees at its May 16 meeting.
The bond would not change the tax rate for residents, and the recommended projects by the committee include a ninth elementary school costing $41 million, a third middle school costing $66 million, a third junior high costing $85 million, and $10 million toward land for future schools, according to the meeting presentation.
With a tax rate of $1.1872 per $100 valuation, the bond proposal would have the lowest tax rate for Magnolia in 20 years, according to the meeting presentation.













