Katy ISD is one step closer to a potential $840.6 million bond referendum, which district officials said would fund needed projects without raising the property tax rate.
The Katy ISD school board holds meetings in the Katy ISD Education Support Complex, 6301 South Stadium Lane in Katy., which district officials said would fund needed projects without raising the property tax rate.
Chris Smith, the district’s chief financial officer, said the bond would not result in a tax rate increase and credited the area’s prosperous housing market and increased property values. The additional students will require additional campuses, renovations to existing campuses and improvements to campus security, Avendano said.
Proposition B, in the amount of around $84 million, would provide technological upgrades to classrooms across the district.
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