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Splendora ISD board adopts $1.2552 tax rate for 2024

Splendora Independent School District Board of Trustees · September 9, 2024
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Summary

The Splendora ISD Board of Trustees unanimously adopted the 2024 ad valorem tax rate of $1.2552 per $100 of assessed value ($0.5000 I&S; $0.7552 M&O) during a Sept. 9 special meeting; all motions recorded 7–0 votes.

The Splendora Independent School District Board of Trustees voted unanimously Sept. 9 to set the district's 2024 ad valorem tax rate at $1.2552 per $100 of assessed value.

Vice President Dan Muirhead moved to adopt the Interest and Sinking (I&S) rate of $0.5000 per $100, seconded by Brandon Fry; that motion passed 7'0. President Allen Wells moved to set the Maintenance and Operations (M&O) rate at $0.7552 per $100, seconded by Barry Welch; that motion passed 7'0. Secretary Kim Klepcyk then moved to adopt the combined 2024 ad valorem tax rate of $1.2552, seconded by Jason Sessum; the recorded vote on the combined rate was 7'0 and the motion passed.

The votes were recorded in the meeting minutes as: I&S $.5000/$100 (motion by Dan Muirhead, seconded by Brandon Fry, Voting For: 7, Against: 0), M&O $.7552/$100 (motion by Allen Wells, seconded by Barry Welch, Voting For: 7, Against: 0), and combined rate $1.2552 (motion by Kim Klepcyk, seconded by Jason Sessum, Voting For: 7, Against: 0). The minutes do not record any public comment opposing the rates.

The board adopted the rates during the items listed as Action Items; the minutes list the motions and vote tallies but provide no supplementary staff analysis or revenue projections in the public record for this meeting.