At Thursday’s regular meeting, the Austin Independent School District Board of Trustees approved a new property tax rate for the district, and it’s the lowest rate in 20 years. The new tax rate is $1.0617 for every $100 a home is valued at, four cents lower than last year’s tax rate. view article arw

The Richardson ISD board of trustees adopted a slightly lower property tax rate at its Sept. 20 meeting that will generate more funds for the district than the 2020-21 rate.  The adopted rate of $1.3909 per $100 property valuation is nearly 1% lower than the rate passed last year. However, it will raise more taxes for maintenance and operations than last year’s rate, according to a document prepared for the board. Chief Financial Officer David Pate said the new rate is effectively a 2.41% increase over the $1.4047 per $100 property valuation adopted for the 2020-21 school year  That increase is tied directly to the continued rise of appraised property value in Richardson, he said. view article arw

The Bay City ISD Board of Trustees passed the district’s tax rate for the 2021-2022 school year during their meeting Monday night.  District Chief Financial Officer Richard Johnson told the board that the $1.39124 tax rate being presented to the board for approval represented a 4-cent decrease over the previous year. Last year’s rate was $1.43140 per $100 of valuation. view article arw

Clear Creek ISD’s board of trustees approved the district’s fiscal year 2021-22 general, debt service and child nutrition budgets Aug. 23 with an $0.08 tax rate reduction to be presented for approval Sept. 27. The budget is built on a proposed tax rate of $1.1797 per $100 property valuation, a reduction of $0.0862 compared to the previous fiscal year’s rate of $1.2659. A resident with a home value of $300,000, for instance, would see a $258.60 reduction in their tax bill year over year. view article arw

he Paris ISD Board of Trustees will hear public comments during an open forum and provide a dress code monthly update when it meets at 5:30 p.m. Monday at the Paris Junior High School Weger Auditorium, 2400 Jefferson Road in Paris. Also on the agenda is a discussion on property value study appeals services with Linebarger Attorneys at Law; district business involving the Lamar County Appraisal District’s Board of Directors; a district financial review; awarding the contract for modular building; and enrollment and Covid number updates. view article arw

ALTO – A Sept. 21 town hall meeting – one of two planned – will be held by Alto ISD officials to discuss a voter approved tax ratification election this November. A second town hall is slated for Oct. 11. Both meetings begin at 6 p.m. in the AISD cafeteria. Recently, the district publicized its intent to call a Voter-Approval Tax Rate Election (VATRE) on Nov. 2, to take advantage of the state finance formula to restructure the tax rate. According to officials, if approved by voters, the district would receive $740,000 in additional funding while decreasing the local tax rate by one penny. view article arw

Austin Independent School District’s Board of Trustees will vote in its regular meeting Sept. 23 on its lowest tax rate in 20 years. AISD says if it’s approved, the new tax rate is a 4-cent decrease from the rate in 2020 at $1.0617 for every $100 of the home’s value. view article arw

TEMPLE, Texas – The Temple Independent School District Board of Trustees voted to lower the district’s tax rate for the third consecutive year at its Monday night meeting. The tax rate will drop by 4.8 cents, and is now at the lowest level for Temple ISD since the 2010 tax year. The Board set the new tax rate at $1.2353 for the upcoming year, with $0.9287 designated for the purpose of maintenance and operations, and $0.3066 designated for the purpose of payment of debt service. view article arw

Homeowners in the Austin school district could see their taxes go up by an average of almost $300 under the district's new proposed tax rate. The proposed tax rate of $1.0617 is 4 cents lower than last year's rate and the district's lowest in 20 years, but it will translate to an average tax increase of $276.12 for the average home valued at $472,823. view article arw

Tax bills for Plano ISD are expected to rise for many residents despite a slight tax rate decrease under the 2021-22 budget. Last year, school taxes for the average homeowner were $4,894. This year they are expected to increase to $5,063, according to information presented during the Sept. 7 school board meeting. view article arw

Lewisville Independent School District taxpayers will save a little more than previously expected following the school board’s decision during its Sept. 13 meeting to amend its maintenance and operations tax rate. The board unanimously approved a decrease in the M&O tax rate of $0.0002 to $0.9276 per $100 assessed valuation for the 2021-22 fiscal year budget, which was approved Aug. 30. According to the meeting notes, the new rate addresses what was believed to be a rounding error in a funding template provided by the Texas Education Agency. The M&O tax rate funds the district’s daily operation of school buildings, offices and other district-owned facilities. view article arw

HALLSVILLE — A philanthropic group is set to host community input meetings this week in Marshall to discuss the local impacts of AEP/SWEPCO’s closure of Pirkey Power Plant and the resulting closure of the Sabine Mining Company. Just Transition Fund, a non-political organization that helps communities find resources and opportunities after the closure of local coal assets, will host the meetings this week that will also include key community leaders such as Hallsville Mayor Jesse Casey, Marshall Mayor Amy Ware, Marshall Economic Development Company Executive Director Rush Harris, Hallsville ISD Superintendent John Martin and Marshall ISD Superintendent Richele Langley, along with others. view article arw

Homeowners in the Austin school district could see their taxes go up by an average of almost $300 under the district's new proposed tax rate. The proposed tax rate of $1.0617 is 4 cents lower than last year's rate and the district's lowest in 20 years, but it will translate to an average tax increase of $276.12 for the average home valued at $472,823. view article arw

HALLSVILLE — A philanthropic group is set to host community meetings this week in Hallsville and Marshall to discuss the local impacts of AEP-Southwestern Electric Power Co.’s closure of Pirkey Power Plant and the resulting closure of the Sabine Mining Co. Just Transition Fund, an organization that helps communities find resources and opportunities after the closure of local coal assets, will host the meetings Monday and Tuesday that also will include community leaders such as Hallsville Mayor Jesse Casey, Marshall Mayor Amy Ware, Marshall Economic Development Corp. Executive Director Rush Harris, Hallsville ISD Superintendent John Martin and Marshall ISD Superintendent Richele Langley. view article arw

ELYSIAN FIELDS — Elysian Fields ISD trustees recently adopted a decreased tax rate and deficit budget for the district's 2021-22 fiscal school year which begins on Sept. 1. Trustees voted to approve a significantly decreased total tax rate this school year of $0.9370 per $100 of home valuation. The new, lower tax rate is made up of $0.8720 in the maintenance and operations and $0.0650 in the interest and sinking rate. view article arw

Honey Grove ISD adopts tax rate

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HONEY GROVE — Honey Grove ISD property owners can expect to pay the school district $1.102 per $100 valuation after action by the Board of Trustees in late August. The total tax rate includes 89.2 cents for Maintenance & Operations and 31.91 cents for Interest & Sinking. The 2021-22 tax rate is down nearly 11 cents from the previous year, when it was set at $1.2111 per $100 valuation. The rate has been falling since 2014 when the school board set it at $1.40912. view article arw

Texas leaders had long known they weren’t charging businesses enough unemployment insurance tax to ride out a deep, job-killing recession like the one last year. The state was slammed with two years worth of unemployment claims in the first two months of the COVID-19 pandemic. The surge quickly drained the state’s Unemployment Insurance Trust Fund. The federal government bailed out Texas and 22 other states. The feds footed some amount of the bill for out-of-work Texans in 10 of the past 18 months, at a cost of $7 billion. The funding was not a gift. It was a loan to pay the 9.5 million worker claims that had been filed since last March. And now the interest is starting to build up, and Texas will begin paying it back. State officials expect to make the first payment — as much as $12.6 million — by Sept. 30. view article arw

Grand Prairie ISD trustees approved a 13-cent reduction in the tax rate for the next fiscal year. The new tax rate is $1.3763 per $100 of assessed valuation. That means a homeowner with a property valued at $250,000 will owe $3,440.75 in annual property taxes for schools, for a decrease of $333.50 compared to the current rate. But that doesn’t necessarily mean homeowners will actually pay less, as property appraisals are largely increasing across North Texas. view article arw

The Plano ISD board of trustees adopted a slightly lower property tax rate at its Sept. 7 meeting that will generate more funds for the district than the 2020-21 rate.  The adopted rate of $1.32075 per $100 property valuation is 0.22% lower than the rate passed last year. However, it will raise more taxes for maintenance and operations than last year’s rate, according to a document prepared for the board. Chief Financial Officer Randy McDowell said the new rate is effectively a less than 0.2% increase over the $1.32375 per $100 property valuation adopted for the 2020-21 school year.   That increase is tied directly to the continued rise of appraised property value in Plano, he said. view article arw

The Windthorst ISD school board approved and adopted a tax rate and budget for fiscal year 2022 during a special called meeting Tuesday, Aug. 31. The school board held a public hearing on the proposed tax rate and budget, but no members of the public showed up to participate. Business Manager Juhree Vaughn said the school district used to be able to calculate the tax rate on its own, but with… view article arw

WASKOM — Waskom ISD trustees recently adopted a decreased tax rate and balanced budget for the 2021-22 fiscal school year. Waskom ISD trustees recently adopted a decreased tax rate for the 2021-22 fiscal school year, with the rate dropping about $0.19 cents from last school year. Trustees adopted a total tax rate of $1.1513 per $100 of home valuation. The rate this year dropped from $1.3464. This year’s total tax rate is made up of $0.8720 for maintenance and operations and $0.2793 for interest and sinking. “We are very proud to be able to lower the tax rate for our community to give them a little tax break as well as continue to provide outstanding programs to our students in order to receive a great education,” Waskom ISD Superintendent Rae Ann Patty said Thursday. In addition to a reduced tax rate, the trustees also adopted an $11.7 million balanced 2021-22 general fund budget. view article arw

SWEENY — Sweeny High School will be closed to in-person learning for the rest of the week, officials announced Wednesday afternoon. “As of today, Sweeny ISD has 76 test-confirmed COVID-19 cases,” Superintendent Tory Hill said via email. “Of these cases, 22 are at Sweeny Elementary, nine are at Sweeny Junior High, 42 are at Sweeny High School and three are non-campus staff.” Under the district’s safety plan, the percentage threshold of COVID-19 cases for closing a campus is 5 percent. With 577 students in face-to-face instruction on the campus, the high school’s percentage is about 7.28 percent. view article arw

The Graham ISD Board of Trustees approved their budget and tax rate for 2021-2022 following a public hearing held Monday. The board accepted a tax rate which was lowered from the previous two years.  The board approved the proposed budget and tax rate for 2021-2022 during their meeting Wednesday, Aug. 11, and set a date for a public hearing of Monday, Aug. 30. The accepted tax rate, which the last two years has been $1.277 per $100 valuation, the lowest rate since 2013, was lowered again to $1.274 per $100 valuation.  The approved maintenance and operations tax rate was lowered from $0.9964 to $0.9634, and the interest and sinking tax rate was proposed at the same rate of $0.3106, for a total tax rate of $1.274 per $100 valuation. The tax rate was the highest rate the district could adopt before requiring a voter approval at an view article arw

SHERMAN, Texas (KTEN) -- At the beginning of 2020, Texas Instruments announced it would be closing the Sherman manufacturing plant, but TI is eyeing the city for another project worth billions of dollars, and on Tuesday night, a new step in that project was taken. Sherman ISD Trustees approved a Chapter 313 agreement with Texas Instruments that could help bring a new TI facility to the city. The agreement accounts for a tax incentive, and in return, the company would pay fees directly to local school districts to make up for their share of lost property tax revenue view article arw

CLUTE — With the approval of Brazosport ISD’s 2021-22 tax rate, the district has the third-lowest tax rate of surrounding school districts both inside and outside of Southern Brazoria County. Trustees voted to adopt a tax rate of $1.1787 per $100 of taxable value, less than last year’s rate of $1.1817, and about 7 cents lower than the no-new-revenue tax rate of about $1.253, according to a presentation from Chief Financial Officer Rebecca Kelley. view article arw

Lindale ISD trustees on Monday voted to reduce the district's tax rate by just over six cents. Trustees adopted the 2021-2022 school budget and set the new tax rate, which will be $1.192. The rate includes a maintenance and operation rate of $0.902 and a debt service rate of $0.29. This year's rate was reduced by 6.6 cents. view article arw

CONROE, TEXAS (August 30, 2021) – The Conroe ISD Board of Trustees approved the 2021-2022 proposed budget and tax rate at their August meeting. Key objectives of the proposed budget include meeting the needs for the 2021-22 school year, providing a competitive compensation plan, and continued support for maintaining a safe environment for students and staff. CFO Darrin Rice also presented information on the proposed tax rate of $1.1760, which is 3.65 cents lower than the 2020-2021 tax rate of $1.2125, and a decrease of over 10 cents in the last three years. ­­­With the new rate, Conroe ISD continues to have the lowest tax rate when compared to surrounding districts that are similar in size, performance, and demographics. view article arw

The estimated 250,000 Texans who buy new homes each year that qualify for homestead exemptions will soon become immediately eligible to receive the property tax breaks, instead of having to wait until January of the next year, under a bill headed for Gov. Greg Abbott’s desk. Senate Bill 8, which lawmakers expect to generate about $50 million in annual savings for new homeowners, passed the Texas House on Friday without any opposition, becoming the first measure to hit the governor’s desk since he called lawmakers back to Austin in July. It is set to take effect Jan. 1. view article arw

The Comal Independent School District board of trustees is gearing up for a bond election and a tax rate increase election in November. On Tuesday, district administration will go over specific guidelines with the board about what it can and cannot do related to sharing information about the election with the public. The district will have a Voter-Approval Tax Rate Election and an election for a $527 million bond on Nov. 2. These elections are on the same day as New Braunfels ISD’s $348 million bond election. view article arw

LUBBOCK, Texas — Lubbock ISD Board Chairman Zach Brady had words for the Texas Legislature on Thursday morning. He did so in the moments before and after the board approved a lower tax rate. (See the video clip above.) The rate will be $1.13550 per $100 compared to the previous rate of $1.1514. So, the rate will go down, but a lower rate is not always a lower tax bill. The property tax valuations set by the Lubbock Central Appraisal District will go up in the coming year by 7.44 percent. LCAD said the average valuation (average taxable value) of a home in the LISD will go from $118,797 to $127,636. Official documentation from the Lubbock ISD board agenda said, “The tax rate will effectively be raised by 5.34% percent and will raise taxes for maintence [sic] and operations on a $100,000 home by approximately $48.70.” view article arw

Alto ISD is planning to order Voter-Approval Tax Rate Election (VATRE) on Nov. 2, 2021, to take advantage of the state finance formula to restructure the tax rate. If approved by voters, the district would receive $740,000 in additional funding while decreasing the local tax rate by one penny. The VATRE would allow Alto ISD to restructure its tax rate, essentially decreasing its Maintenance and Operations (M&O) tax rate by a penny, while keeping the Interest and Sinking (I&S) tax rate unchanged. Therefore, total tax rate would be $1.5319, one cent lower than last year’s tax rate. view article arw

The 7,900-student Willis ISD passed its proposed 2021-22 general fund budget of $73.1 million with a tax rate of $1.17 per $100 valuation. This is the lowest district tax rate for Montgomery County school districts and a 4.51 cent reduction from last year. view article arw

Friendswood ISD trustees approved a $0.02 decrease in the tax rate for fiscal year 2021-22, as well as the district’s FY 2021-22 budget, at an Aug. 23 board workshop. The maintenance and operations tax rate for FY 2021-22 is $0.9344, which is a $0.0491 decrease from the previous M&O tax rate, per board documents. The proposed interest and sinking rate is up by $0.0291 from fiscal year 2020-21 at $0.3050, balancing out the total rate of $1.2394 at a $0.02 decrease from the FY 2020-21 rate. view article arw

GRAPELAND – The Grapeland Independent School District Board of Trustees met in a regularly scheduled meeting on Thursday night, Aug. 19 highlighted by the board’s approval of the 2021-2022 proposed tax rate. After several other matters had been disposed of, GISD Business Manager Julie Martin presented the trustees with the district’s 2021-2022 proposed tax rate of $1.057 per $100 of property valuation. The 2020-2021 tax rate was $1.1143. “Our Maintenance and Operations (M&O) rate was $0.872 and our Interest and Sinking (I&S) was $0.185 for a total of $1.057. It went down about six cents from last year,” she explained. The average tax a property owner in Grapeland ISD will pay is $763.89, Martin added, which represents an increase of $13.24. view article arw

Prairiland ISD approves tax rate

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PATTONVILLE — Prairiland ISD trustees gave final approval to the district’s proposed tax rate of $1.095 per $100 evaluation to support the $12.9 million 2021-22 budget passed earlier this year, purchased a $97,300 school bus, bought property insurance and approved an athletic handbook at a meeting last week. The tax rate includes 87.2 cents for Maintenance & Operations and 22.3 cents for Interest & Sinking to pay bonded indebtedness. The tax rate is down from the $1.0959 rate last year, but the I&S rate is up 9.35 cents because the district moved a portion of the M&S tax levy to the I&S side of the tax rate, a move which earns more revenue. Because of increased values, property owners can expect to pay more in taxes this year. view article arw