Property Tax Code Values
The following information is made available to enhance transparency in accordance with Tax Code Section 26.18 .
Change in Budget Amount from 2022 to 2023 Amount Budgeted for Total Expenditures
Dollar Amount Change + $3,330,788 Percentage Change + 3.66%
Maintenance and Operations Maintenance and Operations (M&O ) Tax Rate is the tax rate levied by districts to fund the operations and maintenance of schools, including maintenance tax notes, and contracts to finance movable equipment.
Adopted M&O Rate Tax Year 2021 0.455726 Tax Year 2022 0.426680 Tax Year 2023 0.392902
Property Tax Revenue Amount Budgeted for M&O Fiscal Year 2021 $54,641,900 Fiscal Year 2022 $51,414,000 Fiscal Year 2023 $59,850,500
Debt Service Debt Service is the annual combined principal and interest amount needed to repay all debt on time and in full.
Adopted Debt Service Rate
Tax Year 2021 0.426680 Tax Year 2022 0.426680 Tax Year 2023 0.055593
Property Tax Revenue Amount Budgeted for Debt Service
Fiscal Year 2021 $6,670,375 Fiscal Year 2022 $9,123,356 Fiscal Year 2023 $8,749,400
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