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Malone ISD sets M&O rate at $0.75520 per $100 for 2024

Malone School Board of Trustees · August 29, 2024
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Summary

The board adopted a Maintenance & Operations (M&O) ad valorem tax rate of $0.75520 per $100 valuation for Malone ISD's 2024 tax year with a 5–0 vote; Trustee Daisy Chavez moved the measure and Trustee Jamey Stephens seconded.

At its Aug. 29, 2024 special meeting, the Malone School Board adopted an M&O tax rate of $0.75520 per $100 of property valuation for 2024. Trustee Daisy Chavez moved the measure and Trustee Jamey Stephens seconded; the motion passed 5 to 0.

The minutes identify the M&O rate as $0.75520/$100 and treat it as the operational portion of the district's overall ad valorem tax rate. The record does not include the district's aggregated revenue estimate from this rate or member-by-member roll-call votes.