Perryton ISD adopts proposed tax rate, approves 2025–26 compensation plan

The Perryton Independent School District Board of Trustees voted to adopt a proposed property tax rate and approved the district's 2025'26 compensation plan at a board meeting where trustees also set a public hearing on the budget and authorized end-of-year budget amendments.

Board action matters because it sets the rates and budget direction that pay staff and fund operations for the coming school year, and it schedules the public hearing required under truth-in-taxation procedures.

On the tax rate, trustees set the maintenance and operations (M&O) rate at $0.7122 per $100 of taxable value and the interest and sinking (I&S) rate at $0.31 per $100 of taxable value, for a combined proposed rate of $1.0222 per $100. Board members described the total rate as roughly equivalent to last year's rate ("a smidge lower" as characterized during discussion). The board voted to adopt the proposed tax rate based on certified taxable values as presented; the motion carried 6-0. The board also approved publishing notice and placing a public meeting on Aug. 25 at 6 p.m. to receive public comment on the proposed tax rate and budget; that motion carried 6-0.

District staff presented the budget totals and revenue composition to trustees. The presentation…