Cy-Fair ISD bond measure approved

Voters in the Cypress-Fairbanks ISD approved a big bond measure yesterday:

A record $713 million bond issue to build new schools and renovate older ones in Cypress-Fairbanks won overwhelming approval Saturday.

The two-pronged bond referendum is the fourth voters have approved in the past decade in the Cy-Fair Independent School District, a system poised to become the third-largest in Texas.

[snip]

Officials are expected to increase the property-tax rate for debt service by up to 3 cents per $100 of value in the next five years. That would be about $19.50 more per year for the owner of a home valued at $100,000.

Posted by Anne Linehan @ 12/12/04 07:36 AM | Print | Comments (0)

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