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Jarrell ISD Board adopts $1.1669 combined tax rate for 2024–25
Summary
The Jarrell ISD Board unanimously adopted a 2024–25 maintenance & operations (M&O) tax rate of $0.6669 and an interest & sinking (I&S) rate of $0.50, for a total rate of $1.1669 — described in board materials as an 8.93% revenue percent increase from the no-new-revenue rate.
The Jarrell ISD Board of Trustees on Aug. 21 unanimously adopted a combined tax rate of $1.1669 for the 2024–25 fiscal year, setting the M&O rate at $0.6669 and the I&S rate at $0.50. Trustee Jenny Arnold moved adoption and Trustee Ginger Martinez seconded; the motion passed unanimously.
Board materials presented by Robert Navarro described the adopted rate as an 8.93% revenue percent increase from the no-new-revenue rate. "A motion was made by Jenny Arnold and seconded by Ginger Martinez to adopt and set the 2024-2025 proposed M&O tax rate of $0.6669 and an I&S tax rate of $0.50 for a total tax rate of $ 1.1669, which effectively represents a revenue percent increase of 8.93% in the tax rate from the no new revenue rate as presented," the minutes record.
The vote was recorded as unanimous; all seven trustees listed as present were recorded as supporting the motion. The board held a public hearing on the proposed rate earlier in the meeting and moved to adopt the rate during the action items. The district did not provide additional budget detail or a breakdown of how the increased revenue will be allocated during this meeting; that information was not specified in the minutes.
