Frequently Asked Questions

General Obligation bonds are debt instruments issued by states and city governments to finance large capital improvements. Bonds are sold to investors and the proceeds from the sales of these bonds are used to pay for major capital investments that have a public purpose—in previous Baytown Bond programs, these funds have been used to address drainage, parks, mobility and public safety projects. 

Bond elections provide voters the opportunity to have a say in which projects they are willing to support through the approval of bond propositions to authorize funding for each type of project on the ballot.

If voters approve the propositions, the bonds will require a tax rate increase of no more than 5 cents, spread out over the next five to seven years.

This will initially cost the average homeowner with a home valued at about $500,000 approximately $5 per month. This cost will increase annually, and by 2030, the monthly cost could rise to about $20 per month, excluding the impacts of property revaluation.

Tax Impact Calculator

This Property Tax Impact Calculator is provided as a general information tool to help you estimate the potential impact of tax increases due to the bond based on the values you enter. Please note that the calculator does not account for individual property revaluation, additional tax exemptions, or other factors that may affect your individual tax impact.