Friendswood ISD residents will be paying the lowest tax rate from the district in 40 years, officials said, but could see an increase in their tax bills this upcoming year.

What you need to know

FISD trustees have adopted a tax rate of $1.04000 per $100 valuation of a home at its Aug. 26 board workshop. It’s a decrease of $0.04 from the 2023-24 tax rate, according to FISD documents. However, it could result in the average homeowner paying upwards of $180 more on their total property tax bills due to the increasing values of homes in the area.

Tax rates for local school districts are the sum of the maintenance and operations, or M&O, and the interest and sinking, or I&S, tax rates.

The M&O tax rate for FISD is $0.78690, while the I&S tax rate is $0.25310. The M&O rate sank by $0.0084 compared to last year, while the I&S rate sank by $0.0316, documents show.
The history of FISD’s tax rate dating back to 1983 can be found on the district’s website.


Also of note

Despite the tax rate going down, home appraisals going up will still mean the average property owner will see higher tax bills.

These totals will mean the average homeowner will pay $4,548.10 in taxes on an average home with a taxable value of $437,317, compared to last year’s bill of $4,364.43, which came with a home with a taxable value of $404,114, according to district documents.

This is an increase of $33,203 in taxable home value, resulting in an additional $183.67 in taxes, documents show.