IOLA ISD
BOND ELECTION

Election Day: Saturday, May 2

Why is Iola ISD having a bond election?

This process has been a community effort over the past several months with a Bond Facility Planning Committee. The Committee included citizens, local business owners, board members, teachers, and parents. The Committee dedicated several months to data collection, facility evaluations, and demographics to put this bond package together. The package was then presented to the Iola ISD School Board and an election was called for $59,300,000.

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lola ISD has experienced 4% student enrollment growth each year over the past three years and is expected to continue.
Iola ISD is dedicated to offering students diverse learning opportunities. The bond includes improvements to the high school CTE programs.

Bond Scope

New Iola High School

Classrooms & Learning
Spaces for Students

Band Hall

CTE Spaces

Gymnasium

Cafeteria

$59,300,000

Conceptual illustration, not final

Site Plan

Tax Info

Calculate Your Monthly Impact

Your Home's Appraised Value: $400,000

$100k $200k $300k $400k $500k $600k $700k $800k $900k

Estimated Monthly Tax Impact (with $140k exemption): $67.12

If the bond passes, the district projects a tax rate impact of $0.3098 (30.98 cents).

For the average home in Iola ISD valued at $365,802 the impact would be $58.29 a month.

Voters 65+ or Disabled

If you qualify for an age 65+ or disabled person residence homestead exemption, the school district taxes on your residence homestead cannot increase above your approved tax ceiling—as long as you own and live in the home and do not make any improvements/additions. The tax ceiling is the amount you paid in the year you qualified for the exemption. While your school district taxes may decrease, they cannot increase above your tax ceiling.
You must apply for this exemption.

Apply HERE

Why will my ballot read “THIS IS A PROPERTY TAX INCREASE”, if I have an approved homestead exemption?

Texas legislature passed laws in 2019 requiring all bond elections to include the following language on the ballot: “THIS IS A PROPERTY TAX INCREASE”. The state mandates all bond ballots to include this language, regardless of what individual exemptions each voter may have.