There is not a tax rate increase with this bond program. This means that NBISD will not increase the Interest & Sinking (I&S) Debt Service rate based on our current ability to borrow. Please note that if the appraisal value of your home increases based on the county’s determination, any increase in taxes will be based on the appraised value, not the tax rate, which will not change based on this bond program. Also, the Homestead Exemption was recently increased to $100,000.