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CFISD adopts proposed 2025 tax rate of 1.0669 after extended presentation and Q&A
Summary
After a detailed presentation on truth‑in‑taxation rules, state homestead exemption proposals and debt‑service calculations, the Cypress‑Fairbanks ISD board moved and approved a resolution adopting a proposed total tax rate of 1.0669 (M&O 0.6669; I&S 0.40). The board directed staff to continue monitoring TEA guidance and potential impacts from state ballot propositions.
The Cypress‑Fairbanks Independent School District Board of Trustees on Oct. 28 voted to adopt a proposed total tax rate of 1.0669 for 2025, after a technical presentation by district staff and extended board questions about the state and federal rules that shape truth‑in‑taxation calculations.
Karen (speaker 6) opened the presentation, noting the board approved the 2025–26 budget in June but could not adopt the tax rate until certified property values arrived from the Harris Central Appraisal District (received Sept. 3). She outlined pending constitutional amendments referenced on the ballot—SJR 2 (referred to in the presentation as Proposition 13) and SJR 85 (Proposition 11)—that, if approved, would increase the state homestead exemptions and materially reduce taxable values for many homeowners. Karen said the district’s truth‑in‑taxation…
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