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Round Rock ISD sets 2025 tax rate, approves tax‑anticipation note and board nominations
Summary
Trustees voted 7–0 to set the 2025 total tax rate at $0.8931 per $100 of valuation (M&O $0.7101; I&S $0.1830), approved a motion that the adopted rate represents an effective tax-rate increase under the no-new-revenue calculation, authorized a tax and revenue anticipation note, and confirmed two appraisal-district nominees.
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…
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