The San Marcos CISD has adopted a tax rate of $1.189 per $100 for the 2020-21 fiscal year.
The adoption came during the Aug. 17 SMCISD Board of Trustees meeting, and the new rate is about $0.125 less than last year’s total rate of $1.313989 per $100.
Total taxable value from Hays, Caldwell and Guadalupe counties, in which SMCISD’s boundaries lie add up to about $6.671 billion, with Hays County accounting for the lion’s share at roughly $6.281 billion.
James Barton, assistant superintendent of business & support services, said the rate does not increase the burden on taxpayers from the previous year.