School Finance & Tax Impact

An overview of how Crosby ISD is funded, the district's current tax rates, and the estimated financial impact of the 2026 bond propositions.

Bond Amount
at a Glance

Total bond amount: $208,280,000

  • Proposition A: $98,280,000

  • Proposition B: $110,000,000

  • Est. Monthly Impact (avg. home): $1.93

  • Homeowners 65+ with Applicable Exemption on File: No increase

Bond funds may only be used for voter-approved projects and cannot be used for operating expenses such as salaries, supplies, or utilities.

A woman wearing a red shirt with a Crosby Cougar logo and a name tag that reads "Allison Weaver" is sitting at a table during an indoor group event. She has her hair in a top knot and is holding an orange marker, engaged in conversation or activity with several other people around her.

Crosby ISD Tax Rate History

Over the past 12 years, the district's total tax rate has decreased from $1.6700 in 2013/14 to $1.2241 in 2025/26, a decrease of 44.6 cents per $100 of taxable value.

Crosby ISD's total property tax rate is made up of two parts:

  • Maintenance & Operations (M&O) — pays for daily costs like staff salaries, utilities, and supplies

  • Interest & Sinking (I&S) — pays for voter-approved debt, such as new construction and major facility improvements

Line graph titled 'Crosby ISD Tax Rate History, FY2013/14-FY2025/26' showing the total tax rate, M&O rate, and I&S rate from 2013 to 2026. The total tax rate starts at $1.6700 in 2013 and decreases to $1.2241 in 2025/26. The M&O rate remains stable around 0.50, while the I&S rate decreases from about 0.50 to below 0.25. The x-axis shows years, and the y-axis shows tax rates per $100 of taxable value. Source at bottom: Crosby ISD Tax Rate & Fund Balance History, LRPT Committee Meeting materials.

Estimated Tax
Rate Impact

Based on current planning assumptions, the proposed $208.28M million bond is estimated to increase the district’s Interest & Sinking tax rate by approximately $0.02, from $0.48 to $0.50 per $100 of taxable value.

Using an example taxable home value of $115,728, the preliminary estimated impact would be approximately $23.15 per year, or $1.93 per month.

For property owners age 65 or older or with a disability exemption:

Homeowners age 65 or older, or those with a qualifying disability, who have applied for the applicable exemption generally will not see their school tax bill increase as a result of the bond, unless the home is significantly improved or another legal exception applies.