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Malone ISD sets I&S (debt service) rate at $0.05564 for 2024

Malone School Board of Trustees · August 29, 2024

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Summary

The board adopted an Interest & Sinking (I&S) tax rate of $0.05564 per $100 for Malone ISD's 2024 tax year by unanimous vote on Aug. 29, 2024; Trustee Daisy Chavez moved the motion, seconded by Trustee Justin Dudik.

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The Malone School Board set the Interest & Sinking (I&S) tax rate for 2024 at $0.05564 per $100 of assessed value during its Aug. 29 special meeting. Trustee Daisy Chavez moved adoption and Trustee Justin Dudik seconded; the board approved the motion 5 to 0.

The minutes record the I&S rate figure but do not include associated debt schedules, bond repayment details, or per-property impact estimates. The recorded action completes the district's ad valorem rate-setting for 2024 in the minutes of the special meeting.

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