The new tax rate is $.0174 less than the 2021-22 tax rate, according to agenda documents, and has decreased by $.1954 over the past several years. However, the interest & sinking portion of the tax rate has remained the same as last year's.
The newly adopted tax rate is broken down into maintenance & operations and interest & sinking as follows:
- M&O: $.8546
- I&S: $.4877
Agenda documents indicate that the new tax rate will raise more M&O taxes than last year's tax rate.
Additionally, the board approved the certified property values from Hays, Caldwell and Travis appraisal districts with a notable 35.21% increase in total certified values, according to agenda documents.
The total certified values are as follows:
- Hays: $15,658,506,985
- Caldwell: $82,349,408
- Travis: $86,552,817
The total certified value of all three counties is $11,705,740,479; the 2021-22 total was $9,818,256,253.
The next HCISD board meeting will be Sept. 19 at 5:30 p.m. at the Historic Buda Elementary Campus, 300 San Marcos St., Buda.
