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Itasca ISD sets 2025–26 property tax rate at $0.84539 per $100 valuation
Summary
The Itasca ISD Board of Trustees unanimously approved an overall ad valorem tax rate of $0.84539 for 2025–26, setting the M&O component at $0.75520 and the I&S component at $0.09019 per $100 valuation.
The Itasca Independent School District Board of Trustees voted unanimously to adopt an overall ad valorem tax rate of $0.84539 per $100 cash valuation for the 2025–26 fiscal year.
By motion of Susan Bason, seconded by Matthew Dugan, the board passed a resolution to adopt the ad valorem tax rate at $0.84539 for 2025–2026. Separately, the board set the maintenance and operations (M&O) rate at $0.75520 per $100 cash valuation (motion by Willie Jackson, seconded by Daniel Rodriguez, recorded as unanimous) and set the interest and sinking (I&S) rate at $0.09019 per $100 cash valuation (motion by Chris Slagle, seconded by Willie Jackson, recorded as unanimous).
A subsequent motion by Matthew Dugan, seconded by Susan Bason, approved adoption of the overall property tax rate of $0.84539 per $100 cash valuation; the vote was unanimous. The required public notice for the hearing was published in the Hillsboro Reporter and President Brian Bassett closed the public portion with no comments.
