Consideration and Possible Action to Approve an Ordinance to Set the 2026-2027 Tax Rate Presenter: Rick Kirkpatrick/Eric Banfield Description: The District adopts a tax rate each year according to the State Comptroller’s Truth in Taxation guidelines.  The tax rate is adopted after the budget is approved.  The District has published its proposed tax rates in the required meeting-notice and the hear

Staff Report & Agenda Item Details

IX.C. Consideration and Possible Action to Approve an Ordinance to Set the 2026-2027 Tax Rate Presenter: Rick Kirkpatrick/Eric Banfield Description: The District adopts a tax rate each year according to the State Comptroller’s Truth in Taxation guidelines.  The tax rate is adopted after the budget is approved.  The District has published its proposed tax rates in the required meeting-notice and the hearing has been held. The Ordinance To Set Tax Rate is a recommended method to record the Board’s decision and it will be referred to in the minutes of the meeting. The statement in the ordinance is required since the District's rate is higher than the calculated No-New-Revenue rate in the Tax Rate Calculation worksheet. The tax rate as proposed in the ordinance will trigger a Voter-Approval Tax Rate Election. The Maintenance and Operating tax rate is proposed at $0.7328 and the Interest and Sinking tax rate is proposed at $0.2854.  The total proposed tax rate at $1.0182 is the same rate as the prior year’s rate of $1.0182 with no increase. Last year the Homestead Exemption was increased from $100,000 to $140,000 for homeowners. For over-65 and disabled homeowners, the $10,000 additional exemption was raised to $60,000. Attachments: ( 1 ) Tax Rate ORDINANCE TASB August 17 2026 8/11/2026 at 4:57 AM

This docket item is classified as NEUTRAL (0.0 Score Impact). Routine administrative reports, monthly accounts payable/disbursement registers, minutes approvals, and procedural motions are logged for public transparency but carry zero weight in calculating an official's Roll-Call Freedom Score.