Temple ISD board approves 2025 tax roll; homestead-exemption increases drive large exemption growth
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Summary
Trustees approved the district’s 2025 tax roll required under Texas Property Tax Code §26.09. Finance staff said the levy in the presentation used tax rates from recent propositions and that homestead-exemption increases drove a year-over-year exemption growth of roughly $570 million.
Finance staff briefed the board on the 2025 tax roll required by Texas Property Tax Code §26.09 and recommended approval. "The property taxes that we should collect for TISD within properties within our boundary is 84,000,000," a district presenter said, identifying that figure in the board materials as an approximate levy figure used for planning.
The presentation emphasized that recent state-driven homestead-exemption increases are responsible for the largest shift in taxable value. Staff explained a taxable-value loss of about $3,000,000,000 due to exemptions and said the year-over-year increase in exemptions — the portion that grew from last year — was approximately $570,000,000. Those exemption increases are expected to be reimbursed by the state according to presenters’ description of recent legislation.
Staff also reviewed average and median homestead-exemption figures (average homestead exemption shown near $145,000; median $140,000 in board materials) and summarized protest results: 111 protests were resolved and the taxable value related to those protests decreased from roughly $37 million to $22 million in the county process.
Board members approved the 2025 tax roll by voice vote.
What’s next: Finance staff will proceed with tax-roll filings and continue to coordinate with state reimbursement processes and the district’s budget projections.
