New Braunfels ISD board passes tax rate for 2021 fiscal year

The NBISD board of trustees hosted its first in-person board meeting since March on Aug. 17. (Warren Brown/Community Impact Newspaper)
The NBISD board of trustees hosted its first in-person board meeting since March on Aug. 17. (Warren Brown/Community Impact Newspaper)

The NBISD board of trustees hosted its first in-person board meeting since March on Aug. 17. (Warren Brown/Community Impact Newspaper)

The New Braunfels ISD board of trustees approved the proposed property tax rate for fiscal year 2020-21 at roughly $0.07 less than the previous year.



The decision came during the board’s Aug. 17 meeting. Ahead of the Oct. 1 start of the fiscal year, NBISD maintained the debt service tax rate of $0.3258 per $100 valuation and decreased the maintenance and operations tax rate to $0.8975 per $100 valuation.



The total tax rate for the coming year will be $1.2233 per $100 valuation, which is $0.0725 less than the current rate.



The board previously adopted the fiscal year 2020-21 budget June 29, which included anticipated local, state and federal revenue of $104.23 million and $104.09 million in the operating budget.

By Lauren Canterberry
Lauren began covering New Braunfels for Community Impact Newspaper in 2019. Her reporting focuses on education, development, breaking news and community interest stories. Lauren is originally from South Carolina and is a graduate of the University of Georgia.


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