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MFISD board adopts 2024–25 property tax rate of $0.8855 after VATRE defeat
Summary
After certifying the Nov. 5 election, the board adopted an ordinance setting the 2024–25 MFISD property tax rate at $0.8855 to maintain previously adopted revenue levels; the vote was unanimous (7–0).
Following certification of the Nov. 5 VATRE returns, the Marble Falls ISD board voted unanimously to adopt a property tax rate of $0.8855 for the 2024–25 fiscal year. Chief Financial Officer Bill Orr explained the need to approve a new ordinance to reflect and maintain the $0.8855 rate because the VATRE did not pass; the board approved the measure on motion by Gary Boshears, seconded by Crystal Tubig.
The adopted rate will be applied for the 2024–25 budget year; board members did not record any dissent on the floor and no public speakers asked to address the matter during the meeting. The action completes a required local step after the election result, enabling district budgeting and tax notices consistent with state procedures.
