Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Tax Rate topic
No spam. Unsubscribe anytime.
Allen ISD board adopts 4.84% property tax rate increase to $1.1258
Summary
The Allen ISD Board of Trustees voted unanimously Aug. 26 to set the 2024 tax rate at $1.1258 per $100 valuation — an effective 4.84% increase — approving separate motions that set $0.7358 for maintenance and operations and $0.3900 for debt service.
The Allen Independent School District Board of Trustees voted Aug. 26 to adopt the district’s 2024 property tax rate at $1.1258 per $100 valuation, an increase the board recorded in its motion as “effectively a 4.84 percent increase in the tax rate.”
CFO Brian Carter presented the order to adopt the tax rate. Trustees approved three related motions: $0.7358 for maintenance and operations (moved by Bill Parker, seconded by Veronica Yost), $0.3900 for payment of principal and interest on debt (moved by Elle Holland, seconded by Polly Montgomery), and a final motion adopting the combined $1.1258 rate (moved by John Holley, seconded by Bill Parker). All motions carried unanimously.
The vote formalizes the district’s revenue assumptions for fiscal year 2024–25 and will determine local property tax bills for jurisdictions within Allen ISD. The board’s action followed presentations from district finance staff explaining the components of the levy. The board did not record any dissenting votes and took no amendment to the motions.
