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EPISD projects lower tax rate, homestead exemptions and bond defeasance will shape 2026 budget outlook
Summary
El Paso ISD staff told trustees that rising property values, a $100,000 homestead exemption, potential legislative increases to that exemption and recent bond defeasance will materially affect next year’s revenue and debt service planning.
El Paso ISD officials told the school board at a March budget workshop that higher property valuations, state homestead exemptions and a recent defeasance of bonds will shape the district’s revenue picture for fiscal 2026. Martha Aguirre, chief financial officer, and Walt Byers, the district treasurer, outlined projected tax rates, state hold‑harmless payments and the district’s recent debt management steps.
The district’s average market value for properties inside EPISD boundaries was shown as $250,884, and staff are projecting a maximum compressed tax (MCR)‑driven maintenance and operations (M&O) tax rate of 0.7699 for next year versus 0.8263 this year, officials said. With the $100,000 homestead exemption enacted in 2023, the presentation showed a sample homeowner tax liability of…
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