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Shallowater ISD board approves I&S tax rate of $0.50 for 2025–26
Summary
Trustees voted 5-0 on Aug. 28 to set the Interest & Sinking tax rate at $0.50 per $100 valuation for the 2025–26 tax year; the vote was unanimous with two trustees absent.
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The Shallowater ISD Board of Trustees voted unanimously on Aug. 28 to adopt an Interest & Sinking (I&S) tax rate of $0.50 per $100 of assessed valuation for 2025–26. The motion was made by Brian Carreon and seconded by Swade Moyers; the minutes show a 5-0 vote in favor.
I&S taxes typically fund debt service, including payments on bonds. The district's minutes record the adopted I&S rate and the vote but do not specify the outstanding debt, bond schedule, or projected revenue tied to the rate.
