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Pampa ISD sets 2024 tax rate at $1.2565 per $100 valuation

Pampa ISD Board of Trustees · August 26, 2024
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Summary

After a public hearing with no comments, the Pampa ISD Board voted unanimously to set the 2024 tax rate at $1.2565 per $100 valuation (0.7565 M&O; 0.5000 I&S).

Kelley Porter, Business and Federal Programs Director, reviewed the district's tax-rate history and explained the requirement to adopt a tax rate no later than 60 days after certified taxable values are received or by Sept. 30. She recommended a total tax rate of $1.2565 per $100 valuation, split as 0.7565 for maintenance and operations and 0.5000 for interest and sinking (debt service). Porter stated the district held a public hearing as required by Education Code Section 44.004 and invited public comment; there were none.

Trustee Cade Taylor moved to set the tax rate at $1.2565 per $100 valuation with the stated split; Denise Intemann seconded the motion and the board approved it unanimously. The board recorded the motion and vote as final action on the matter.