Comal ISD’s plan to keep its bond debt tax rate at 35 cents per $100 depends in part on how fast its taxable property base grows.
At 5% annual taxable-value growth, the model puts the 2030-31 debt-service rate at about 38 cents per $100, versus the 35-cent rate adopted for 2026-27. That is the number to watch. A larger tax base can bring in more money at the same rate; a slower-growing one gives the district less room to make payments on new bonds.
Voters face two requests: $539,955,000 in Proposition A for facilities, land and buses, and $27,045,000 in Proposition B for technology. The district’s Proposition A list includes two elementary schools, other capacity projects, repairs, security work, land and buses with seat belts. Its bond overview describes Proposition B as funding devices and network improvements.
Start with the existing payment
Comal ISD adopted a debt-service tax rate of 35 cents per $100 of taxable value for 2026-27. Think of debt service as the bond-payment line in the district’s budget. A Comal.News calculation using the district’s audit and debt book puts payments on existing debt at about $102.6 million in 2026-27 and $99.1 million in 2030-31. Collections at roughly the adopted rate on the audited 2025 taxable base already about match those scheduled payments.
What happens when new bonds add payments? In the model, keeping the debt-service rate at 35 cents while paying for both propositions requires taxable value roughly 39% to 42% above the audited 2025 base. Spread over five years, that is about 7% growth a year. The same calculation puts annual payments on the modeled new bonds at about $44.6 million once all are outstanding. That is an illustration of the financing, not a schedule of actual bond sales.
