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Bartlett I.S.D. board adopts 2024–25 tax rates, adds $0.030 "disaster pennies"

BARTLETT ISD Board of Trustees · September 23, 2024
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Summary

Trustees adopted a $0.50000 I&S rate and a $0.69920 M&O rate for 2024–25 (the M&O includes the TEA MCR component, a $0.050 prior-year enrichment and an additional $0.030 authorized under Texas Tax Code §26.042(e)); no public comments were received during the hearing.

The Bartlett I.S.D. Board of Trustees adopted the district's 2024–25 tax rates after holding a public hearing on Sept. 23, 2024. The board set the Interest & Sinking (I&S) rate at $0.50000 and the Maintenance & Operations (M&O) rate at $0.69920; the M&O rate was presented as the TEA Maximum Compressed Rate (MCR) component of $0.61920 plus a prior-year enrichment rate of $0.050 and an additional $0.030 of tax effort commonly referred to in the meeting as "disaster pennies," authorized by Texas Tax Code Section 26.042(e).

Board members received the hearing with no public comments. Zachary Buchhorn moved to adopt the I&S rate ($0.50000) and the M&O rate ($0.69920); motions were seconded and each passed on roll call 6-0. The rates were described in the hearing as based on 2024 certified values and the TEA MCR. The board provided no additional adjustments during the meeting; details of the certified values were reported as part of the hearing record.