Austin ISD will maintain its current tax rate for fiscal year 2018-19 after the district’s board of trustees approved and set a rate of $1.192 per $100 valuation at its meeting Monday night.
The district’s maintenance and operation tax rate will continue to be $1.079 per $100 valuation. The district’s interest and sinking rate will stay at $0.113 per $100 valuation. Both rates together create the overall rate of $1.192 per $100 valuation.
The district also granted a partial tax exemption to all properties classified as historic landmarks, according to the city of Austin.
The district approved its FY 2018-19 budget at a meeting June 18 after holding a budget workshop May 21.