Senior citizens with an age of 65 or over, and disabled homeowners have a tax rate freeze on their homesteads. They will receive no tax rate increase on their homestead property should the bond pass.
Aquilla ISD is eligible for state aid through a program that helps the district pay its annual bond payments.
Aquilla ISD’s Tax Rate History
Aquilla ISD has historically followed through on their commitment to lower taxes. In 2010, voters approved a bond to increase the I and S tax rate from $1.24 to $1.37. As of 2021, Aquilla ISD has been able to lower the tax rate back to the pre-2010 Bond rate of $1.24.
The proposed 2022 Bond would raise the I&S tax rate back to the rate approved by voters in 2010.