Under the new rate, the owner of a $250,000 home would pay $3,444.25 in property taxes to Alvin ISD compared to $3,494.25 under the 2021-22 rate—a savings of $50.
AISD President Earl Humbird stated that the change is effectively a 10.73% increase in the tax rate due to the recent rise in property values, allowing the district to make more money from local taxes despite the lower rate. According to the Texas tax code, any adopted rate exceeding the no-new-revenue tax rate, or the rate by which the district would collect roughly the same amount of property tax revenue as it did in FY 2021-22, must be acknowledged.
Superintendent Carol Nelson said the required language often causes confusion as the section of the tax code that indicates a change in the no-new-revenue tax rate does not account for the offsetting reduction of state funding that occurs. In Texas, schools are funded by local taxes and state funding, and any increase of one causes a decrease in the other.
The Texas tax code states that school districts must “impose taxes in an amount that, when added to state funds to be distributed to the district, ... would provide the same amount of maintenance and operation taxes and state funds distributed ... for the applicable school year that was available to the district in the preceding school year ...”
AISD meeting agendas and minutes can be viewed on the board of trustees website.
