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Montgomery ISD sets Aug. 25 tax-rate hearing, proposes slightly lower total tax rate
Summary
Montgomery ISD trustees approved a public hearing for Aug. 25 and authorized publication of a proposed total tax rate of 0.9583 (M&O 0.6657; I&S 0.2926). The board also approved purchasing attendance credits as its recapture strategy under state equalization rules.
Magnolia — The Montgomery Independent School District Board of Trustees set a public hearing for the proposed 2025 tax rate for 6:30 p.m. Monday, Aug. 25, and authorized publication of a proposed total tax rate of 0.9583 per $100 of taxable value (maintenance and operations 0.6657; interest and sinking 0.2926).
The board approved the public hearing date in a motion by Trustee Sonia, seconded by Trustee Dacia, and later approved putting the proposed tax rate on official notice; the motion to publish the proposed rate was made by Trustee Sonia and seconded by Trustee David.
District staff told trustees the proposed total rate is fractionally…
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