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Tarkington ISD board adopts $661,000 insurance plan, $0.9302 tax rate and 2025–26 budget
Summary
The Tarkington ISD Board on Aug. 18 adopted the district’s 2025–26 budget and a property tax rate of $0.9302, approved a $661,000 insurance bid, and designated the CFO as Tax Calculation Officer after a public hearing on the budget.
The Tarkington ISD Board of Trustees voted Aug. 18 to adopt the district’s 2025–26 fiscal year budget for the General Fund, Debt Service Fund, and Child Nutrition Fund and approved a property tax rate of $0.9302 per $100 of assessed value. The vote followed a statutorily required public hearing at which Chief Financial Officer Thad Lasater presented the proposed budget and noted prior board review.
Board members approved the tax-rate motion, moved by Kevin Johnson and seconded by Susan Rollins; the board recorded a 6–0 vote with one absence (Paige Bostwick). The tax rate approved is split between $0.6669 for Maintenance and Operations and $0.2633 for Debt Service. The board also approved a motion designating CFO Thad Lasater as the Tax Calculation Officer to compute the No New Revenue Rate and the Voter Approval Rate for the 2025 tax year.
