Klein ISD trustees propose record-low property tax rate amid rising home values

Editor's note: A previous version of this article incorrectly stated Klein ISD's Fiscal Year 2023-24 tax rate as $1.23 per $100 valuation in a photo caption. The district's FY 2023-24 tax rate was $1.0316 per $100 valuation.

Klein ISD trustees are poised to adopt the district’s lowest property tax rate in the last 32 years next month, which would mark the sixth consecutive year officials have voted to lower the rate.

The details

During the board’s Sept. 9 meeting, trustees approved a proposed tax rate of $1.0119 per $100 valuation for the upcoming fiscal year, down from last year’s rate of $1.0316 per $100 valuation.

According to district documents, the tax rate would include $0.6669 for maintenance and operations and $0.345 for debt service. The rate is based on a total appraised value of more than $40 billion and a total taxable value of roughly $30.2 billion, according to estimates provided by the Harris Central Appraisal District.

While the proposed property tax rate represents a roughly 1.9% year-over-year decrease, HCAD documents show the average market value of homes within KISD’s boundaries rose around 6.9%, climbing from $322,711 in 2023 to $345,128 in 2024.

According to district documents, the taxes due on an average residence in KISD will rise by roughly $170.

What’s next

KISD trustees will host a public hearing and consider formally adopting the proposed tax rate at their Oct. 7 meeting.

For more information about paying property taxes in Harris County and homestead exemptions, click here.