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El Paso ISD adopts 2025 tax rate of $1.0807 amid public concern over bonds and costs
Summary
The board approved a 2025 combined tax rate of $1.0807 per $100 valuation (M&O $0.7699; I&S $0.3108). Staff said homestead‑exemption changes will be voted in November and the state will provide replacement revenue; trustees and public speakers pushed back on projected bond costs and urged reprioritization to high‑need campuses.
The El Paso Independent School District board on Aug. 19 adopted a property tax rate for tax year 2025 of $1.0807 per $100 of assessed valuation — composed of $0.7699 for maintenance and operations and $0.3108 for interest and sinking — following a staff presentation on property valuations and debt defeasance.
Walt Byers, the district presenter, said the M&O rate remains at the TEA‑set maximum compressed rate the district may use and that increasing homestead exemptions lowered taxable values this year. He described a partial defeasance option for existing bonded debt, saying a $12 million defeasance…
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