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Fort Bend ISD residents could see a decrease in the district’s tax rate in fiscal year 2026-27.
What’s new
Fort Bend ISD officials have proposed a tax rate of $0.9969 per $100 valuation for FY 2026-27, which is a 5.68% decrease from $1.0569 in FY 2025-26.
The proposed rate is below the district’s no-new-revenue rate of $1.021062, which is the rate that would generate the same property tax revenue as the prior year, per agenda documents.
The details
The proposed tax rate includes $0.7169 per $100 valuation for maintenance and operations, which funds the district’s daily operations, and $0.2800 for the interest and sinking rate, which funds the district’s outstanding debt.
The M&O rate would decrease by 7 cents, and the I&S rate would increase by 1 cent, which would result in a total 6-cent decrease.
The increase in the I&S rate comes after voters approved a $1.26 billion bond in May 2023, Chief Financial Officer Kris Lynn said. The bond will fund construction of schools, a natatorium, and safety and security improvements, per the district’s website.
Zooming out
Fort Bend County voted on Sept. 10 to decrease its tax rate by 1.21%, and the city of Sugar Land is scheduled to vote on a tax rate increase Sept. 15 after press time.
Stay tuned
The board of trustees is set to vote on the tax rate at its Sept. 18 meeting beginning at 6 p.m. at the Fort Bend ISD Administration Building.
