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Canutillo ISD trustees republish hearing and adopt 2025–26 tax rate amid public notice fix
Summary
After republishing a public notice because of a technical error, trustees approved a maintenance rate of 0.7525 and a debt service rate of 0.40 per $100 valuation (combined 1.1525), with administration saying the change reflects district revenue needs and not an immediate tax increase for all homeowners.
The board held a republished public hearing on the district’s proposed 2025–26 property tax rate after staff identified a publication technical error in the initial notice.
Finance presenter Christie Cooley explained the two components of the tax rate: maintenance and operations (M&O) and interest and sinking (debt service). Cooley said certified values for the tax year totaled about $3.7 billion and that the…
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