Clear Creek ISD board to decide on tax rate election, $302M bond

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Clear Creek ISD board to decide on tax rate election, $302M bond
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Clear Creek ISD's board will examine two topics at its Aug. 21 meeting, both of which may bring the district millions of dollars in the coming years.

Clear Creek ISD's board is set to consider two items at its Aug. 21 meeting, each of which could bring millions of dollars to the district in the coming years.In the face of a budget shortfall and aging facilities, CCISD's board will vote on whether to put a bond-which documents show could total $302 million-and a voter-approval tax rate election, or VATRE, on November's ballot.

If the board moves forward with each item on Aug. 21, voters will have the final say on each in November.The final numbers for both items are subject to change ahead of the Aug. 21 meeting, but district officials have long projected a budget shortfall of $17.4 million, which is the same amount the VATRE is expected to bring in.

That final bond total could change but it would mean some heavy lifting for the administrative side of the district due to requirements and deadlines, Chief Communications Officer Elaina Polsen said in an email.

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