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Paris ISD board adopts $0.9609 property tax rate for 2024–25, noting 7.02% effective increase

Paris ISD Board of Trustees · September 16, 2024
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Summary

The Paris ISD Board of Trustees voted unanimously Sept. 16 to set the 2024–25 property tax rate at $0.9609 per $100 valuation ($0.7552 M&O; $0.2057 I&S), which the board recorded as a 7.02% effective increase. The public hearing opened and closed at 6:00 p.m.

The Paris Independent School District Board of Trustees voted unanimously Sept. 16 to adopt a 2024–25 property tax rate of $0.9609 per $100 of assessed valuation. The board recorded the rate as a $0.7552 Maintenance & Operations rate and a $0.2057 Interest & Sinking rate, and described the change as an effective 7.02% increase.

The adoption followed a public hearing that the minutes list as opening and closing at 6:00 p.m. The motion to set the rate was made by Clifton Fendley and seconded by Cliff Kerby; the motion passed on a 7-0 vote. The minutes list the board action and the adopted rate but do not show any public comments or additional calculations in the record.