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Do districts get more money when property values increase?

April 26, 2017districts increase money Property values

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Do districts get more money when property values increase?

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Many people believe that when their property values increase, Cypress-Fairbanks ISD receives extra revenue. It doesn’t. More funds for Cypress-Fairbanks ISD would be an asset for the community; however, that is not the way the current state funding system works. Local money simply replaces money that would have come from the state.