UISD to take action after bond election

By: Christian von Preysing Email
By: Christian von Preysing Email

LAREDO, TEXAS (KGNS) -- A Tuesday board meeting came with some good news for taxpayers.

A representative says the loans came at a lower interest rate than predicted before.

That'll come at 3.9 percent instead of 5 percent.

It means the annual property tax rate for UISD residents will be about 20 percent lower.

The district will soon begin construction on a school in South Laredo this month.

The district is planning a total of six new campuses.

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