Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Tax Rate topic
No spam. Unsubscribe anytime.
Board sets 2026 tax rate at $0.9239 per $100 valuation
Summary
Tom Bean ISD trustees set the tax rate for tax year 2026 at $0.9239 per $100 valuation — 75.52 cents for maintenance and operations and 16.87 cents for debt service — and stated the rate will not raise M&O taxes compared with last year; vote was 6–0 with one absent.
Board President James Hamilton read the board's tax-rate statement announcing the tax year 2026 rate. He stated the district set a total tax rate of $0.9239 per $100 valuation, allocated as 75.52 cents for maintenance and operations and 16.87 cents for payment of principal and interest on debts.
Hamilton read in part: "THE TAX RATE WILL NOT RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S MAINTENANCE AND OPERATIONS TAX RATE OF 75.52 cents." The board adopted the tax rate during the meeting; the minutes record that adoption occurred after the public hearing and that the motion passed 6 in favor, 0 opposed, and 1 absent.
The minutes do not include spreadsheet detail or assessed value totals used to compute revenue; they reproduce the per-$100 rate allocations and the board's statement regarding maintenance-and-operations taxes.
