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Trustees adopt 1.334718 tax rate, recorded as a 15.32% increase
Summary
The board adopted a property tax rate of 1.334718 for 2024–25 — recorded in the minutes as effectively a 15.32% increase — in a 6–0 vote with one trustee absent. The minutes record the motion but do not include estimated revenue change in dollars.
At the Aug. 29 meeting the Floydada Collegiate ISD board adopted a property tax rate of 1.334718 for the 2024–25 year. Trustee Brianne Glasscock moved the motion and Trustee Kay Brotherton seconded; the motion passed 6–0 with Eric Smith absent.
The minutes state the adopted rate is "effectively a 15.32 percent increase in the tax rate." The transcript does not include estimates of the dollar impact on district revenue or examples of how the change will affect an average taxpayer. The board did not attach a revenue projection to the motion in the meeting minutes.
