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Gainesville ISD finance projects slight M&O and I&S rate compression pending certified values
Summary
Finance staff projected a small drop in the M&O rate to $0.7531 and I&S to $0.2020, contingent on certified property values; preliminary values were reported at $1,878,104,545 (a 2.1% estimated increase).
Dr. Jon Hill presented preliminary tax-rate estimates for the 2026–27 fiscal year, explaining that projected Maintenance & Operations (M&O) and Interest & Sinking (I&S) rates reflect tax compression and current debt-service needs. He presented a projected M&O rate of $0.7531 (down from $0.7552) and an I&S projection of $0.2020 (down from $0.2425), cautioning that final rates will depend on certified property values and TEA's Maximum Compressed Rate guidance.
The finance presentation listed preliminary property values at $1,878,104,545, an estimated 2.1% increase from the prior year. District staff said certified property values are expected in late July, after which the board will finalize tax calculations and hold a public hearing in August prior to adoption.
