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Bryan ISD adopts 2024 tax rate of $0.9469 per $100 valuation
Summary
After a public hearing, the Bryan ISD Board of Trustees approved a total tax rate of $0.9469 per $100 of valuation — $0.6769 for maintenance and operations and $0.2700 for debt service — noting the M&O rate is slightly lower than last year but will collect more revenue because of rising property values.
The Bryan ISD Board of Trustees voted Sept. 9 to set the district's 2024 property tax rate at $0.9469 per $100 of assessed value, with $0.6769 for maintenance and operations and $0.2700 for debt service.
Assistant Superintendent of Business Services Kevin Beesaw summarized the rate during a public hearing, saying the proposed M&O rate is "lower by $0.0023 than the prior year for maintenance and operations" but will collect more revenue because of increased property values; that discrepancy requires statutory language for collection. The board approved a resolution containing the required language and directed staff to post the resolution on the district website as required.
The motion to adopt the tax rate was made by Trustee David Stasny, seconded by Trustee Mark McCall and passed unanimously. The district said the adopted rate does not raise the M&O rate above the prior year's effective rate but will yield additional revenue due to higher property values. The board did not change the debt service component from the prior year.
