The merits of Lake Travis ISD’s $158.45 million bond proposal resonated with voters who passed the measure by 57 percent to 43 percent Tuesday.

The bonds will increase LTISD’s tax rate by 9.24 cents per $100 of property valuation from 1.3159 to 1.4083.
After factoring in state and local exemptions, the bond’s impact will increase the average LTISD homeowner’s taxes by $282 annually. The average market value of a house in the district is about $400,000. Residents who have received an ‘Over-65 Exemption’ or ‘freeze’ from the Travis County Appraisal District will incur no tax impact.

For complete coverage of the LTISD bond, read Thursday’s edition of the Lake Travis View.