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Riviera ISD staff project lower 2026–27 tax rate as property values rise

Riviera ISD Board of Trustees · July 15, 2026
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Summary

Staff told trustees the district’s projected tax rate could fall from $0.7677 to about $0.7011 for 2026–27 because of rising property values; the state's Maximum Compressed Rate (MCR) and final certified values are still pending.

Riviera ISD staff presented a preliminary estimate showing the district’s 2026–27 tax rate could decline from $0.7677 to approximately $0.7011 if current property-value estimates hold.

Jolynn Moreno, a district staff member, warned trustees that the calculation remains provisional because final certified taxable values and the state's Maximum Compressed Rate (MCR) have not yet been issued. Staff emphasized the numbers are estimates and will be updated once the state and county certify values and provide official MCR guidance.

The board did not vote on any tax-rate decisions during the workshop; administration said final data arriving later in July are required before any formal action.