Conroe ISD's fiscal year 2020-21 tax rate, which represents a 1.42% decrease over the district's current rate, was unanimously approved by the board of trustees during its regular meeting Sept. 15.
The approved rate of $1.2125 per $100 of taxable property valuation consists of $0.9525 per $100 valuation for maintenance and operations and $0.26 per $100 valuation for debt service, as calculated by the Texas Education Agency. The tax rate will support the district's budgeted $576.99 million in general fund spending approved through its FY 2020-21 budget in August.
While the tax rate itself decreased year over year, CISD Chief Financial Officer Darrin Rice previously noted that the district's certified property values increased by more than 5.7% since last year, meaning some homeowners with higher valuations may pay more in taxes this tax year. According to district information, certified values in CISD have increased by an average of 7.14% annually since 2010.
Prior to passing the district's new tax rate, trustees also discussed CISD's asynchronous instructional plan for the 2020-21 school year. The plan is a new requirement mandated by the TEA this year in order for districts to receive a waiver for full funding based on average daily attendance while allowing portions of the student body remain remote, asynchronous learners.














