Financial Overview
This page outlines the estimated tax impact of the proposed Pilot Point ISD bond, including how the bond would be funded and examples of potential impacts for property owners.
Bond Amount
at a Glance
Total bond amount: $295 million
New Pilot Point High School – Phase 1: $192.6 million
New Elementary School: $76.5 million
Campus Renovations and Infrastructure: $25.9 million
Bond funds may only be used for voter-approved facility projects and cannot be used for operating expenses such as salaries, supplies, or utilities.
ESTIMATED TAX
RATE IMPACT
The summary assumes a May 2026 bond election, with bonds sold beginning in August 2026.
The District’s current Interest & Sinking (I&S) tax rate is $0.20. The bond proposal is projected to result in an estimated increase of the I&S tax rate to $0.50.
The average home market value in Pilot Point ISD is approximately $350,000, with an average taxable value of $210,000.
The estimated school tax amount for an average home, valued at $350,000, would be approximately $2,600 annually, or $216 per month.
This represents an increase of approximately $630 per year, or $52 per month, compared to current tax rates.