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Northside ISD to publish Truth-in-Taxation notice; proposes flat tax rates and budget for FY26
Summary
District finance officials presented proposed fiscal year 2025–26 budgets, recommended publishing the required truth-in-taxation notice this weekend and outlined a cash defeasance plan that officials said will save taxpayers tens of millions of dollars. The board set a public hearing for Aug. 26 for final adoption of the budgets and tax rates.
Northside ISD officials on Aug. 12 presented proposed fiscal year 2025–26 budgets and a truth-in-taxation notice the district plans to publish this weekend, and scheduled a public hearing for Aug. 26 to consider adoption of the budgets and tax rates.
The district is proposing to keep the maintenance and operations (M&O) and interest and sinking (I&S) tax rates unchanged from the current year, district finance staff said. The proposed budgets reflect legislative changes in state funding, a district compensation plan and projected declines in attendance and taxable value driven largely by expanded homestead exemptions, officials said.
The budget presentation matters because it frames how the district will pay day-to-day operating costs, employee compensation and debt service for the coming year, and because Texas law requires a published notice and a public hearing before a board adopts final budgets and tax rates.
Megan Bradley, deputy superintendent for business and finance, walked trustees through the legally required notice that will be published in the local newspaper. Chris Grammer of CG Strategies, the district’s state-funding consultant, explained components of the notice, including the district’s no-new-revenue tax-rate calculations and comparisons to last year. Bradley told trustees the…
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