Education
BY SIENNA WIGHT
Hays CISD adopts updated tax rate after failed vote The average homeowner zoned to Hays CISD will not see an increase in their property tax bill. What’s happening The Hays CISD board of trustees adopted an operations, due to increased home values. However, owners of an average homestead valued at $100,000 will not see a change to their tax bill,
Hays CISD tax rate history The proposed 2025-26 tax rate was 12 cents higher than the previous year, but lower than other historical tax rates.
partially due to the increased homestead tax exemption recently approved by Texas voters. The background In August, the HCISD board of trustees adopted the 2025-26 tax rate of $1.2746 and called an election to receive voter approval. While the rate was higher than the previous year, it was lower than historical tax rates. While the 2025 Legislature increased the allot- ment to $55, an information sheet put out by the district stated this is not enough to keep up with annual inflation. What’s next Superintendent Eric Wright said all budget cuts will be announced March 30.
Maintenance & Operations
Interest & Sinking
amended tax rate Nov. 17, following voter rejection of the proposed tax rate at the polls Nov. 4. The proposed rate was $1.2746 per $100 valuation. What’s new The revised rate will remain the same as 2024- 25, at $1.1546 per $100 valuation, which is the maximum rate the district can set without requir- ing voter approval, according to Chief Financial Officer Deborah Ottmers. This rate includes $0.6669 for maintenance and operations, and $0.4877 for interest and sinking. What it means While the tax rate will remain the same, it will raise more revenue for maintenance and
$0.906
$0.4977
$1.4037
FY 2020-21
$0.872
$0.4877
$1.3597
FY 2021-22
$0.8546
$0.4877
$1.3423
FY 2022-23
$0.6692
$0.4877
$1.1569
FY 2023-24
$0.6669
$0.4877
$1.1546
FY 2024-25
FY 2025-26*
$0.7869
$0.4877
$1.2746
$0.6669
$0.4877
$1.1546
FY 2025-26**
*PROPOSED **REVISED TAX RATE
SOURCE: HAYS CISD/COMMUNITY IMPACT
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SAN MARCOS - BUDA - KYLE EDITION
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