Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Get email alerts on the Tax Rate topic

No spam. Unsubscribe anytime.

Mesquite ISD board adopts 2024 tax rate of $1.0969 per $100 valuation

Mesquite Independent School District Board of Trustees · September 9, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Mesquite ISD Board of Trustees adopted a 2024 ad valorem tax rate of 1.0969 per $100 valuation — a maintenance and operations rate of 0.6969 and a debt rate of 0.40 — by voice vote, with administrators saying the rate reflects compressed state calculations and local voter‑approved pennies.

Mesquite Independent School District trustees voted to set the district’s 2024 ad valorem tax rate at 1.0969 per $100 valuation, a split of 0.6969 for maintenance and operations and 0.40 for debt service. Administration told the board the proposed M&O rate reflects the state’s compressed‑rate calculation and the addition of previously approved “golden pennies” and a tax ratification election increment.

Chief financial staff summarized a five‑year history showing the district’s maintenance and operations rate has declined from 0.9664 to 0.6969 and said Dallas County districts place Mesquite ISD among the lowest tax rates in the county. During floor discussion a trustee moved the motion, stating, “I would like to move that the property tax rate be increased by the adoption of a tax rate of 1.09690, which is effectively an 11.76% increase in the tax rate,” and the motion carried on a voice vote with no recorded roll call.

Board materials noted the state calculates a maximum compressed rate; administration recommended the proposed rate after final values were reported. The board did not record individual vote tallies; the motion passed by voice vote. Next steps include posting the adopted rate in required financial disclosures and continuing budget implementation under the adopted 2024‑25 budget.