A constitutional proposition set to be voted on at a May 7 election may “zero out” any tax increase for homeowners caused by the proposed $8 million Fairfield ISD bond, according to numbers put out by FISD.
The item would raise the current state-mandated homestead exemption from $25,000 to $40,000, taking $15,000 more off the appraised value of any homestead property.
Success of the proposition…