The Every Child, Every School Canutillo 2022 Bond, if approved, would add a maximum of 3 cents to the current tax rate for the Canutillo Independent School District. The additional tax rate would help pay off the debt incurred by the District to address the facility and programming projects outlined by the bond.
On an average Canutillo home valued by the Central Appraisal District at $223,258, the maximum tax difference if the bond is approved would be about $55 a year, or less than 5 a month.
For the Bond impact on different priced homes, please see the figure below:
Home
Valuation |
Annual Impact
if approved
|
Monthly Impact
if approved |
$100,000
|
$18
|
$1.50
|
$150,000
|
$33
|
$2.75
|
$223,258 (average CISD home)
|
$55
|
$5.00
|
$300,000
|
$78
|
$6.50
|
$400,000
|
$108
|
$9.00
|
$500,000
|
$138
|
$11.50
|
The Board of Trustees is expected to approve a 2022-23 tax rate of $1.30 per $100 property valuation at its Aug. 23, 2022 meeting. The current tax rate (2021-22 academic year) is $1.34 per $100 property valuation.
Property valuations are set by the El Paso Central Appraisal District using a mass reappraisal process using recent sale prices of nearby homes and properties. To look up your property valuation on the El Paso Central Appraisal District website, please click here:https://epcad.org/Search.