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Trustees set 0.7294 overall tax rate, schedule Nov. 3 VATRE for M&O increase
Summary
The board approved a 0.7054 M&O rate and 0.024 I&S rate for an overall 0.7294 per $100 tax rate to support the adopted budget, and ordered a Voter-Approval Tax Rate Election on Nov. 3, 2026, to seek voter approval for the M&O portion.
JEFFERSON ISD trustees approved a resolution setting the district's maintenance-and-operations (M&O) tax rate at 0.7054 and the interest-and-sinking (I&S) rate at 0.024, for an overall tax rate of 0.7294 per $100 of taxable assessed valuation. Michael Walker recommended the rates and told trustees the proposed overall rate is higher than last year's.
The board also voted to call a Voter-Approval Tax Rate Election (VATRE) for Nov. 3, 2026, so that voters may consider the M&O increase. The motion to set the tax rate and the motion to order the election each passed unanimously, 7–0.
