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Itasca ISD board sets 2025–26 ad valorem rate at $0.84539; M&O $0.75520, I&S $0.09019
Summary
The Itasca ISD Board unanimously approved a resolution adopting a total ad valorem tax rate of $0.84539 for 2025–2026 and separately set the maintenance & operations rate at $0.75520 and the interest & sinking rate at $0.09019.
The Itasca Independent School District Board of Trustees on Aug. 25 passed a resolution to adopt the district’s 2025–2026 ad valorem tax rate with a total rate of $0.84539 per $100 cash valuation. Susan Bason moved and Matt Dugan seconded the resolution; the motion carried unanimously.
The board also set the maintenance and operations (M&O) rate at $0.75520 per $100 cash valuation (motion by Willie Jackson, seconded by Daniel Rodriguez) and set the interest and sinking (I&S) rate at $0.09019 per $100 cash valuation (motion by Chris Slagle, seconded by Willie Jackson). Each motion passed by unanimous vote. The transcript notes that the board then approved adoption of the overall property tax rate of $0.84539 per $100 cash valuation.
