Corsicana ISD keeps tax rates unchanged; board reviews 2025 refunding bonds to accelerate payment and save about $400,000

Corsicana Independent School District trustees on Aug. 25 reviewed a state‑mandated tax‑rate resolution and a proposed issuance of refunding bonds that staff said would accelerate debt repayment and produce interest savings.

District staff read the required resolution language the state now mandates when a district’s adopted rates are expected to produce more revenue because of rising property values. The resolution the board reviewed set the maintenance‑and‑operations rate at 0.6669 per $100 valuation and the interest‑and‑sinking rate at 0.1951 per $100 — the district said those rates are the same as last year, but property values and new properties mean the district will collect more revenue under the unchanged rates.

Staff explained the required newspaper…