Klein ISD trustees voted to adopt the district’s lowest property tax rate in the last 32 years during the board’s Oct. 7 meeting, marking the sixth consecutive year officials have voted to lower the rate.

The details

Trustees approved a 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 includes $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.

Why it matters

While the property tax rate represents a roughly 1.9% year-over-year decrease, HCAD estimates show the average market value of homes within KISD’s boundaries rose by about 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.

KISD Chief Financial Officer Daniel Schaefer noted if district officials had set the M&O portion of the tax rate any lower, the district would have been at risk of losing funding from the state.

"At this point, if we reduced the M&O tax rate any further, the state would start cutting aid as well," Schaefer said. "Not only would we lose the tax revenue, we would also lose funding from the state."

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