During a recent board meeting, Judson ISD approved a tax rate of $1.2700 per $100 of assessed property value for the 2021-22 fiscal year.
The new rate is a $0.0049 decrease from last year’s rate of $1.2749 per $100 valuation, according to the district. The average home value in the district rose from $191,192 last year to $204,197 this year. As a result, JISD expects a minor increase in tax revenue under the new rate based on growth in the area.
District 4 representative Jose Macias said the board of education has decreased the tax rate two years in a row.
“I think it is pretty profound,” Macias said at the Sept. 16 board meeting. “We don’t find ourselves in that position very often.”
Compared to last year, the debt service tax rate increased from $.3628 to $.3918 per $100. The maintenance and operation rate decreased from $.9121 to $.8782 per $100 of assessed value.