The overview
This tax rate of $1.15 per $100 valuation of a home is a decrease of $0.0223 per $100 valuation of a home compared to the FY 2024-25 rate, according to district documents.
This rate includes $0.7552 for maintenance and operations, or M&O—which funds daily operations and was decreased by $0.0023 from FY 2024-25—and $0.3948 for interest & sinking, or I&S—which pays bond debt and is down $0.02 compared to FY 2024-25.
This tax rate will result in a bill with over $2,550 in taxes due on an average residence, about a $415 decrease compared to last year’s bill of nearly $2,970, according to district documents.
However, that decrease doesn’t account for how home values might have changed year over year.
This rate is with an average residential market value of over $365,000. Last year’s average market value was about $370,700, according to district documents.
