Cy-Fair ISD board adopts lowest property tax rate in nearly 40 years

The Cy-Fair ISD board of trustees approved the district’s 2025 property tax rate—the lowest in 39 years—during an Oct. 28 special-called meeting.

The breakdown

The 2025 tax rate of $1.0669 per $100 home valuation marks a 2-cent decrease from last year’s rate, totaling about $34 million, according to a presentation from district staff at the meeting.

The tax rate will support the district’s $1.2 billion budget for fiscal year 2025-26 approved in June.

According to the presentation, the 2025 tax rate is comprised of:

• $0.6669 per $100 valuation for maintenance and operations, which funds day-to-day operations in CFISD
• $0.40 per $100 valuation for interest and sinking, which funds the district’s debt service

The district also offers a local optional homestead exemption of 20% of appraised home value. When paired with the state’s current $100,000 exemption, a CFISD taxpayer with a home valued at $350,000—the district’s average—would see a $747 decrease in property taxes, officials said.

One more thing

CFISD Chief Financial Officer Karen Smith said the district was instructed to calculate and adopt the tax rate under the assumption that two Texas constitutional amendments will pass in the upcoming Nov. 4 general election:

• Proposition 13, if approved, would increase the state-mandated homestead exemption from $100,000 to $140,000; Texans last saw an increase to the state’s homestead exemption in 2023, when voters approved a boost from $40,000 to $100,000, according to previous Community Impact reporting.
• Proposition 11, if approved, would raise the additional homestead exemption for homeowners who are over 65 years old or have a disability from $10,000 to $60,000, giving those groups a $200,000 exemption if both propositions are approved.