At the Houston ISD board of managers’ June 11 meeting, a decision on the district’s fiscal year 2026-27 budget was postponed to June 25, but the preliminary tax rates were unveiled.
What’s new
HISD’s FY 2026-27 preliminary total tax rate is $0.8421 per $100 valuation, according to a June 11 presentation from Daniel Flores, HISD’s senior executive director of budgeting. The tax rate is $0.0362 lower than the current total tax rate, which is $0.8783 per $100 valuation.
The preliminary total for taxable property values within HISD's boundaries for FY 2026-27 increased by 0.24% year over year to $232.62 billion, according to Flores’ presentation. Comparing FY 2026-27 to FY 2025-26, the projected total taxable values for property categories:
- Increased 2.44% for residential and rural property
- Increased 2.38% for apartments
- Dropped 18.49% for personal commercial property
Homeowners may see an increase on their tax bill if their home value increased year over year, according to HISD’s website.
The preliminary tax rate is subject to change once the final Certified Values are delivered to HISD by the Harris Central Appraisal District in July, according to Flores’ presentation.
Latest update
Consideration of the FY 2026-27 budget was included on the agenda for the June 11 HISD meeting, but the board of managers opted to postpone the vote until June 25.
However, HISD leaders presented a third update on the FY 2026-27 budget. According to the June 11 presentation, the third iteration of the draft general fund budget features:
- About $1.99 billion in total revenue
- About $2.015 billion in total expenditures
In case you missed it
On April 20, during HISD’s first FY 2026-27 budget workshop, early drafts of the budget featured $46.8 million in spending cuts, as previously reported by Community Impact. The cuts come as the district faces about $50 million in lost revenue due to roughly 4,000 expected student enrollment losses.
During HISD’s May 20 budget workshop, the board of managers and HISD leaders discussed potential teacher and employee pay raises in light of expected increased health insurance costs, as previously reported. A 4% pay raise for teachers and a minimum pay of $17 per hour for employees was discussed, but no action was taken at the workshop.
