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Spearman ISD board sets 2024 tax rate at $1.0232 per $100 valuation
Summary
The Spearman I.S.D. Board of Trustees voted Aug. 26 to set a total tax rate of $1.0232 for 2024—$0.8232 for maintenance and operations and $0.2000 for interest and sinking—and approved the formal levy resolution. The motion passed 7-0.
The Spearman Independent School District Board of Trustees voted Aug. 26 to set the district's 2024 tax rate at $1.0232 per $100 valuation, allocating $0.8232 to Maintenance & Operations and $0.2000 to Interest & Sinking. The board approved the motion, with Trustee Stephen Batton moving and Trustee Jay Tracy seconding; the vote was recorded as 7-0.
The board also approved a formal resolution to levy the tax rates for the district (Exhibit B), which includes appointment of the Hansford, Hutchinson and Ochiltree county appraisal districts to assess values and the Hansford County tax collector/assessor to collect taxes. The levy represented a 0.08% increase from the prior year as noted in the resolution text provided to trustees. The public hearing to discuss the budget and proposed tax rate was listed on the agenda; no public comments are recorded in the transcript.
The legal levy and the separate budget approvals taken at the same meeting are procedural steps required ahead of the district's fiscal year. Next steps for taxpayers are not specified in the transcript; the district will rely on the appointed appraisal districts and tax collector to process assessments and collections.
