Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Vidor ISD adopts balanced 2025–26 budget, holds tax rate steady amid homestead-exemption change
Summary
The Vidor Independent School District board approved a $48 million budget for 2025–26, kept the maintenance-and-operations tax rate unchanged and adopted a total tax rate of 1.061962 after trustees heard staff analysis of a statewide homestead-exemption increase set for a November ballot.
The Vidor Independent School District Board of Trustees approved the district—s 2025—26 budget and set the 2025 tax rate on Aug. 19, voting 7—0 to adopt a $47.9—48.0 million revenue plan and a total tax rate of 1.061962.
District finance staff told the board the budget reflects a significant expected change in the statewide homestead exemption anticipated on the November ballot and higher state funding under the current school finance formulas. The presentation noted local taxable property value available to the district fell in the calculations used to set rates because a proposed increase in the homestead exemption would reduce taxable value per homestead from $100,000 to $140,000 if voters approve the measure.
The change matters because state and local revenue interact under the Foundation School Program: less local taxable value can mean more state "hold-harmless" or other state allotments. "If for some reason, the voters went to the polls in November and said we don—t want a larger homestead exemption, and it stayed at the 100,000, these numbers would shift a little bit," district presenter Dr. Mains said, explaining the calculations. "We would collect more locally. The state would put less into…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
