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Tonight: Spring ISD to ratify tax rate, vote on building, security projects

October 9, 2018

The Spring ISD board of trustees will meet tonight to decide on the tax rate and various projects linked to the district’s $330 million bond, which voters ratified in 2016.

The tax rate is expected to remain the same at $1.51 per $100 of assessed home values for 2018.

In 2017, the district raised the tax four cents to $1.51 from $1.47 to help district pay off the debt obligations incurred by the 2016 bond.

The board will also decide on the fourth guaranteed maximum price of $20.1 million to go toward the construction of middle school No. 8, a bond project which is currently ongoing.

The new school will be built near Northgate Crossing Elementary and is expected to house 725 students.

The school is currently unnamed, but is being built concurrently with a new Roberson Middle School.

Another construction project will be a new teacher training with the first guaranteed maximum price of $1.3 million.

The district will also vote on a safety and security package with the first guaranteed maximum price of $3.6 million.

mayra.cruz@chron.com

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