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Fort Bend ISD reviews 2024 tax rate, tax roll and fiscal strategy

Fort Bend Independent School District Board of Trustees · September 9, 2024
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Summary

The board reviewed a proposed combined ad valorem tax rate of $0.9869 per $100 valuation for the 2024 tax year, the certified tax roll, debt redemption and the district's fiscal and investment strategy; items are listed for consideration/approval at a subsequent meeting.

Fort Bend Independent School District included adoption of a combined ad valorem tax rate of $0.9869 per $100 of valuation for the 2024 tax year on its review agenda. The minutes show the district planned consideration and approval of a resolution adopting that rate and a separate resolution approving the 2024 tax roll based on certified 2024 values from the Fort Bend County Central Appraisal District.

The agenda also lists agenda items for underwriters to be utilized in connection with future bond debt issuance, a debt redemption order authorizing redemption or purchase for cancellation of certain outstanding bonds, and a proposed fiscal and budgetary strategy and investment strategy resolution authorizing investment brokers. The called meeting minutes do not record final approvals; the items remain on the review track pending further board action.