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Millsap ISD adopts $1.0698 tax rate and 2025–26 budget
Summary
The Millsap ISD Board on Aug. 25 adopted the 2025–26 budget and set a total tax rate of $1.0698 per $100 valuation (M&O $0.7552; I&S $0.3146). The board passed motions on related finance and policy items, 6–0.
The Millsap Independent School District Board of Trustees approved the district’s 2025–26 budget and formally set a total tax rate of $1.0698 per $100 of taxable property valuation at its Aug. 25 regular meeting.
Shelby Humphrey moved to adopt the budget “based on a total tax rate of $1.0698 which consists of a Maintenance and Operations (M&O) tax rate of $0.7552 and an Interest and Sinking (I&S) tax rate of $0.3146.” Dr. Heather Hester seconded the motion, and it carried 6–0. The board had held a public hearing on the proposed budget and tax rate earlier in the meeting.
Board members also approved a final budget amendment for fiscal year 2024–25 (motion by Daniele Clark; second by Ryan Shands; carried 6–0), concluding adjustments to the prior year’s accounts. Consent-agenda financial items (tax report; comparison of revenues and expenditures; cash position; monthly investment report) were tabled for further consideration.
The vote completes the district’s formal adoption of budget and rate components for the coming school year. The board’s action is reflected in district minutes and will inform tax notices and the district’s fiscal planning for 2025–26.
