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Little Elm ISD board sets 2025 tax rate at $1.2252 per $100, raising M&O revenue
Summary
The Little Elm ISD Board voted 6–0 on Sept. 15 to set the 2025 tax rate at $1.2252 per $100 of valuation — $0.7552 for maintenance and operations and $0.47 for interest and sinking — an effective M&O tax increase of 7.121%, about $50.20 more on a $100,000 home.
The Little Elm Independent School District Board of Trustees on Sept. 15 approved a resolution setting the 2025 tax rate at $1.2252 per $100 valuation, with $0.7552 designated for maintenance and operations (M&O) and $0.47 for interest and sinking (I&S). Trustee David Montemayor moved the resolution and Trustee Jeff Burton seconded; the motion passed 6–0.
In a formal motion recorded in the minutes, Montemayor stated: "we, the Board of Trustees of Little Elm Independent School District, hereby levy or set the tax rate on $100 valuation for the District for tax year 2025 at a total tax rate of $1.2252, to be assessed and collected by the duly specified assessor and collector as follows: $0.7552 for the purpose of maintenance and operations, and $0.47 for the purpose of payment of principal and interest on debts." The minutes note the board’s calculation that this tax rate "will effectively be raised by 7.121 percent and will raise taxes for maintenance and operations on a $100,000 home by approximately $50.20."
The board did not record additional debate or a roll-call discussion of alternatives in the minutes; the public record appended the tax-rate calculation forms as part of the adopted budget. The motion was recorded as passing 6–0; Trustee Jason Olson was absent. The resolution instructs district tax officials to assess and collect the adopted rate for tax year 2025.
