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Learn more about Humble ISD Bond 2022

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by: 10

OP
~ 2 years, 8 mos ago Mar 22, '22 10:17am

Learn more about Humble ISD Bond 2022

If passed, Humble ISD Bond 2022 will focus on improving/updating existing campuses in light of increased enrollment and also updating facilities in areas where schools were built many years ago.

Humble ISD enrollment increased by 2,700 students for 2021-2022. Per the superintendent, the district usually averages an increase of around 1,000 students per year.

With updated facilities, children who live in established neighborhoods where schools were built years ago can experience educational facilities that are comparable to the schools built more recently in newer neighborhoods.

There will be no tax rate increase if this bond passes. Two factors come together to enable Humble ISD to issue bonds without raising the property tax rate.

First, Humble ISD is a fast growing district. As new homes are constructed, new businesses open, and existing property values rise, Humble ISDâ€™s total tax value base grows, allowing the district to collect more tax revenue without increasing the tax rate. Property value growth has allowed the School Board to lower the tax rate three times since the 2018 bond referendum.

Second, Humble ISD retires debt annually. Humble ISD does not plan to sell bonds until property value growth and payments toward existing debt allow the district to do so without raising the debt service tax rate.

Early voting is 4/25/22 through 5/3/22. Election day is 5/7/22.

For more info: www.humbleisd.net/bo nd2022

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3
~ 2 years, 8 mos ago Mar 22, '22 1:19pm

2,700 new students in one year. That's wild.

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8
~ 2 years, 8 mos ago Mar 22, '22 2:35pm

Are they still saying they don't need another high school?

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15
~ 2 years, 8 mos ago Mar 22, '22 8:33pm

@MrsT : Yep. They showed us the data to back it up too. Probably available on the bond site (the data), which is compiled by an expert demographics firm.

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15
~ 2 years, 8 mos ago Mar 22, '22 8:35pm

With the exception of a small section, our district is completely built out. There's no where else to develop. So now families begin shrinking, retiring. Some neighborhoods will regenerate with new families, others will become more settled with empty nesters. There's a whole science behind it that is really interesting.

So while we need the high school now, we won't for long.

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16
~ 2 years, 8 mos ago Mar 22, '22 8:38pm

Another bond? There was one in 2018, for over HALF A BILLION Dollars!

Vote "NO" on this! Don't get hoodwinked again!!!

I miss @ClydePuckett, with whom I disagree with on this matter, but agreed on most of everything else.

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16
~ 2 years, 8 mos ago Mar 22, '22 8:44pm

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5
~ 2 years, 8 mos ago Mar 22, '22 8:47pm

Another bond? There was one in 2018, for over HALF A BILLION Dollars! Vote "NO" on this! Don't get hoodwinked again!!! I miss ClydePuckett, with whom I disagree with on this matter, but agreed on most of everything else.

@sandman : That's what I'm thinking. Show me where that money went. And then I'll let you know what I think about it. And if it raises my taxes up one dollar urgent it's a no . The property taxes and school taxes are way too expensive as it is. Let the developers build the schools. They're making a fortune building these neighborhoods

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16
~ 2 years, 8 mos ago Mar 22, '22 8:58pm

*Edited

@Maxsmom :

And this is for $730 + $45 MILLION DOLLARS... it's no longer HALF A BILLION, it's THREE QUARTERS OF A BILLION.

T H I S . I S . R I D I C U L O U S . VOTE NO. SAY NO TO

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15
~ 2 years, 8 mos ago Mar 22, '22 9:13pm

@Maxsmom : No raise in tax dollars. You can view the bond website to see where the money went. If you have any kids in school, you can see some of the projects at each school. So many amazing things!

Here's a list: www.humbleisd.net/bo nd2018

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3
~ 2 years, 8 mos ago Mar 22, '22 9:17pm

They're saying it won't raise taxes. I don't have any experience with things here, but I know in Louisiana, we were always told the lie that it wouldn't raise taxes. And it always did.

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8
~ 2 years, 8 mos ago Mar 22, '22 9:25pm

*Edited

That's what I'm thinking. Show me where that money went.

@Maxsmom : all of that is publicly available and was outlined at that bond election.

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16
~ 2 years, 8 mos ago Mar 22, '22 9:25pm

@RajunCajun :

A bond is a loan. A loan needs to be paid. You pay the bond back with revenue (like corporate bonds usually do) or with taxpayer money. School bonds are usually not revenue bonds.

If you own a home, you are the taxpayer... if you rent, your landlord is the taxpayer and is passing the bill to you somehow.

This is bad... very bad. With all the new construction in the area and high home prices, where's the money? Are the developers not paying taxes? WTF??? Humble ISD trustees should be voted out... starting with Scarfo, Holmes and Morrison, whose terms expire in May of 2023.

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8
~ 2 years, 8 mos ago Mar 22, '22 9:26pm

They're saying it won't raise taxes. I don't have any experience with things here, but I know in Louisiana, we were always told the lie that it wouldn't raise taxes. And it always did.

@RajunCajun : The tax rate has literally fallen 3 times. You can check in like 40 seconds on your yearly tax sheets.

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8
~ 2 years, 8 mos ago Mar 22, '22 9:29pm

Are the developers not paying taxes?

@sandman : Undeveloped land is much less valuable than developed. It's simple.

The old bonds? They're paid off and 2018 is well on it's way.

Do you have a mortgage?
If so, take your own advice.

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3
~ 2 years, 8 mos ago Mar 22, '22 9:31pm

RajunCajun : The tax rate has literally fallen 3 times. You can check in like 40 seconds on your yearly tax sheets.

@ParksideRes : In my book, they need to fall a whole lot more. I'm telling you these property taxes are hellacious. No state income tax. Big deal. the toll roads, property taxes, and sales taxes are appalling. Texas used to be a tax haven state, but it isn't now.

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