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.