Tax Rate decline in Steiner Ranch

September 3, 2007

Well at least for the LISD (Leander Independent School district) part of it. Found it in this article about the LISD budget.

Here are the Tax rates for the last 5 years.

2007: 1.333400
2006: 1.643800
2005: 1.750000
2004: 1.790000
2003: 1.830000
2002: 1.722000

That is the big drop, probably because of the large influx of people into the area that can enable them to increase the budget without increasing the tax rate because of all the new homes in the area.

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Jennifer

The drop is because of the legislature’s mandated drop in school tax rates.
nikiacosta

That information that Jennifer posted is correct. The cap for schools was lowered to 1.5% (excluding bonds). The plan was to reduce taxes over two years, hence the reduction in school taxes.