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Munday CISD board adopts 2024–25 tax rates: M&O 0.80340; I&S 0.4700
Summary
The Board of Trustees adopted the maintenance and operations tax rate of 0.80340 and an interest & sinking rate of 0.4700 for 2024–25; the M&O rate was noted as set by the state.
The Munday CISD Board of Trustees adopted tax rates for the 2024–25 school year during its Aug. 29 special meeting. Trustee Sam Hunter moved to adopt the rates and Trustee Mike Loper seconded; the motion passed unanimously.
The board recorded a maintenance & operations (M&O) rate of 0.80340 and an interest & sinking (I&S) rate of 0.4700. The meeting notes state the M&O figure was determined by the state. The clerk recorded the rate language verbatim: "M&O 0.80340 (done by state) I&S - .4700." The record does not include a breakdown of how the rates translate into individual tax bills.
