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Tomball ISD CFO outlines 2025 tax-rate plan and says November homestead-exemption vote drives calculations
Summary
At a Sept. 8 workshop, Tomball ISD Chief Financial Officer Zach Bowles explained the district will present a proposed 2025 property tax rate of $1.0629 for adoption Sept. 9 and said the district’s calculations assume voters will approve an increase to the homestead exemption in November.
TOMBALL, Texas — At a Sept. 8 workshop, Tomball Independent School District Chief Financial Officer Zach Bowles presented the district’s proposed 2025 property tax rate of $1.0629 per $100 of appraised value and explained why the district’s calculations assume a November ballot measure will increase the homestead exemption.
Bowles told the Board of Trustees the $1.0629 rate comprises a maintenance-and-operations (M&O) rate of $0.6669 and an interest-and-sinking (I&S) rate of $0.396. He said the district will present the formal tax-rate resolution for adoption at the regular board meeting on Sept. 9.
Why it matters: Bowles said the district’s tax-rate math depends on how the Texas Education Agency calculates the maximum compressed rate (MCR) and on whether voters approve a proposed increase in the state homestead exemption. Bowles said the district is preparing tax notices for October and that, if the homestead-exemption measure fails in November, the…
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