The rate is identical to last year’s, according to district documents.
The gist
This rate includes $0.7869 for maintenance and operations, or M&O—which funds daily operations—and $0.3481 for interest and sinking, or I&S—which pays bond debt. Both rates are the same as FY 2024-25.
This tax rate will result in a tax bill of over $3,070 for an average residence—about a $420 decrease compared to last year’s bill of nearly $3,500, 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 $432,000. Last year’s average market value was about $427,000, according to district documents.
