Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Richardson ISD board adopts 2025-26 tax rate; officials say state calculation makes it appear higher
Summary
After a public hearing and a presentation from district finance staff, the Richardson ISD Board of Trustees adopted a $1.1052 per $100 valuation tax rate for 2025-26. District officials said the apparent increase in the rate results from a state comparison to a theoretical "no new revenue" rate required by law.
The Richardson ISD Board of Trustees on Sept. 18 adopted a 2025-26 property tax rate of $1.1052 per $100 of assessed value, voting 7-0 to set an interest-and-sinking (I&S) rate of $0.35 and a maintenance-and-operations (M&O) rate of $0.7552.
The vote followed a public hearing on the proposed budget and tax rate and a presentation from David Pate, RISD assistant superintendent of finance and support services, who explained the district's tax components and the state-mandated calculations trustees must use. "That is the motion language, for tonight to adopt the tax rate, and it is confusing language," Pate said, noting the required comparison to the no-new-revenue tax rate under Texas law.
The no-new-revenue comparison drove public concern. Ewan Blackman, a member of the public who addressed the board during the hearing, said…
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
