A district's property tax rate consists of a maintenance and operations (M&O) tax rate and, if applicable, an interest and sinking (I&S) tax rate. The M&O tax rate provides funds for maintenance and operations. The I&S tax rate provides funds for payments on the debt that finances a district's facilities. The calculation of state funding for school districts is tied to tax effort; thus, tax rates provide an essential component in the state's school finance formulas.
Revised 2014 Property Values
The comptroller has certified revised 2014 property values reflecting the $25,000 residence homestead property value exemption as authorized by Senate Bill 1 of the 84th Texas Legislature. These values will be used for school district funding for the 2015-2016 school year, contingent upon the passage of the constitutional amendment proposed by Senate Joint Resolution 1, 84th Texas Legislature, which will be submitted to voters on November 3, 2015. The TEA anticipates incorporating these values into the Summary of Finance calculations by January 2016.
2014 Revised CPTD values
School District Authority to Set Property Tax Rates
Property Values and Tax Rates
These spreadsheets provide comptroller tax information,
including property tax rates by district for the specified tax years.
Additional Tax Information Links
For more information, contact:
Division of State Funding