At its Sept. 18 meeting, the Round Rock ISD Board of Trustees took several financial actions: it adopted the 2025 tax rate, approved a tax-and-revenue anticipation note, and submitted nominations for county appraisal-district boards.

Tax rate adoption: Trustees adopted a maintenance-and-operations (M&O) rate of $0.7101 per $100 of taxable assessed valuation and an interest-and-sinking (I&S) rate of $0.1830 for a total tax rate of $0.8931 per $100. Finance staff explained that the proposed M&O rate is above the district’s computed ‘‘no-new-revenue’’ M&O rate (0.6726) so the motion required a notation that the proposed rate would ‘‘raise more taxes for maintenance and operations than last year’’ and that it would ‘‘effectively be raised by 5.58%’’ when compared to the no-new-revenue calculation. The second adoption motion—which the board voted on separately—stated that the adopted tax rate is ‘‘effectively a 3.87% increase in the tax rate’’ and the board approved that motion as well. Both tax-rate motions passed by 7–0 with a recorded roll-call vote.

Tax-and-revenue anticipation note (TAN): Trustees unanimously adopted a resolution authorizing the issuance of a tax-and-revenue anticipation note (series 2025). Staff explained two drivers for the TAN this year: (1) TEA’s payment schedule class changed (from class 3 to class 2), which reduces early-year state revenue receipts, and (2) timing uncertainty tied to the November homestead cap election and subsequent property-tax bill mailings could delay local collections. Staff characterized the TAN as liquidity management to ensure district operations are funded while state and local receipts are received. The board approved the TAN resolution 7–0.

Appraisal-district nominations and other votes: The board re‑nominated John Luxe and Lisa Berkman to the Williamson Central Appraisal District for full terms; that motion passed 6–0–1 (one board member recused because of a conflict noted). The board also approved Round Rock ISD’s nominee for the Travis Central Appraisal District board—Elizabeth Montoya—by voice vote (motion passed 6–0–1 with one abstention reported). Trustees also approved consent agenda items N‑1 through N‑14 by consent vote (motion passed 7–0; N‑15 was pulled for later consideration).

Context and next steps: Staff said the October budget update will incorporate certified property values and adjusted revenue projections. Finance staff provided examples showing how a 2% property value increase or decrease would change a homeowner’s tax levy under the adopted rate. The presentation referenced Texas Tax Code section 26.05(b) and explained the required statutory language when a proposed M&O rate exceeds the no-new-revenue rate. Trustees asked clarifying questions about timing for certified values and staff said the October update would reflect the certified property valuations.

Ending: All motions described above carried unanimously where recorded (7–0) except the two appraisal-district nominations where the board recorded a 6–0‑1 outcome on each, per the clerk’s announcement. Staff said they would return to the board in October with revenue updates tied to certified values.