Local News

State bond funds running dry

Texas’ school bond guarantee program funding is running low, meaning potentially higher interest rates for school districts and higher taxes for residents for future projects. Voter-approved future school bonds, generally done for larger projects, are re-paid via tax dollars, recorded in the district’s Interest and Sinking tax rate. El Campo ISD currently has a tax rate of $1.0527 per $100 of taxable value.

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