Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Tax Rate M O topic
No spam. Unsubscribe anytime.
Lone Oak ISD adopts $0.6669 M&O tax rate for 2024–25
Summary
The Lone Oak ISD Board of Trustees approved an M&O tax rate of $0.6669 for the 2024–2025 tax year at its Aug. 19, 2024 meeting; the motion passed unanimously and the action was described as mandated by the Texas Education Agency.
The Lone Oak ISD Board voted to adopt a Maintenance & Operations tax rate of $0.6669 for the 2024–2025 tax year on Aug. 19, 2024. The motion to adopt the M&O rate was moved by Clint Patterson and seconded by Justin Ramm; the vote was recorded as 7–0 in favor.
Minutes note that the action was taken "as mandated by the Texas Education Agency." The adoption changes the district's tax-setting for the coming fiscal year; the meeting transcript records the adopted rate and the roll-call vote but does not include budget line-item details or projected revenue impacts.
The board proceeded to vote on the district's I&S tax rate and total tax rate later in the same session.
