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In reply to the discussion: 'Tebow’ bill to let home-schoolers play high school sports passes Va. House [View all]kemah
(276 posts)The system is set up so everyone pays a small share. The taxes you pay for that public education do not cover the complete cost of educating you child. It is made up by everyone paying. Some parents move into certain school districts knowing full well that they will be paying higher property taxes to get better schools. Richmond ISD in Richmond, Texas has the highest property tax rate in Texas but their school district is rated in the top ten every year.
One of the selling points in any house purchase is the quality schools. A school that gets exemplary status will see their property rates of that school's attendance region go up dramatically.
Good schools in your neighborhood will effect the value of your house. So even if do not have kids in school, you can still sell your house a lot quicker and for more money than a house in a poor school area.