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Navarro ISD proposes $1.1827 tax rate, schedules Aug. 28 public hearing

Board of Trustees Navarro Independent School District · August 12, 2024
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Summary

Chief Financial Officer Paul Neuhoff told trustees a proposed total tax rate of $1.1827 per $100 valuation is under consideration—$0.7228 for maintenance and operations and $0.4599 for interest and sinking—and a Truth-in-Taxation hearing is set for Aug. 28 at 6:30 PM at Navarro Intermediate.

NISD Chief Financial Officer Paul Neuhoff presented the district's proposed 2024–25 tax rate and urged public participation at a scheduled hearing. "A total tax rate of $1.1827 per $100 of valuation has been proposed; $0.7228 for Maintenance and Operations rate and $0.4599 for Interest and Sinking rate," Neuhoff said, and the board set a public hearing for Aug. 28, 2024, at 6:30 PM at the Navarro Intermediate Cafeteria.

The board discussed Truth-in-Taxation notice requirements designed to give the public an opportunity to comment before the board adopts a final rate. Trustees approved a motion to post the Notice of Public Meeting on Aug. 28 by a 4-0 vote. The board invited public comment at that hearing and signaled no final tax-rate action at this meeting.