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HPISD board adopts 2024-25 property tax rate of $0.8669

Highland Park Independent School District Board of Trustees · August 20, 2024
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Summary

The Highland Park ISD Board unanimously adopted a 2024–25 property tax rate of $0.8669, described in the minutes as a 2.89% rate decrease that the minutes state will increase total tax collections by 8.39%. The vote followed a public hearing with no public questions.

The Highland Park Independent School District Board of Trustees on Aug. 20 unanimously adopted a 2024–25 property tax rate of $0.8669.

Board Finance Officer Doug Woodward moved to adopt the rate, which the minutes record as a 2.89% decrease in the rate but state will result in an 8.39% increase in total tax collections; Trustee Pete Flowers seconded the motion, and it passed unanimously. The Board held a public hearing on the proposed Maintenance & Operations and Debt Service tax rates earlier in the meeting; Assistant Superintendent for Business Services Scott Drillette presented the hearing and no members of the public asked questions.

Why this matters: the adopted rate sets the district's tax revenue for the 2024–25 fiscal year and will affect homeowners in the Highland Park ISD taxing jurisdiction. The minutes record both the percentage change in the rate and the projected change in collections; the latter reflects changes in property valuations and collections rather than a direct contradiction of the stated rate change.

Board action and next steps: the adopted rate is now the official FY2024–25 tax rate for Highland Park ISD. The district will publish the tax rate as required by state law and proceed with budgeting and fiscal implementation for the school year.