Adoption of 2026 Tax Rate Ordinance Description: A public hearing was held at 5:45 pm on August 24, 2026 for the discussion of the 2026-2027 Budget and Proposed Tax Rate. The 2026-2027 Budget was accepted and approved in a previous agenda item. The Board of Trustees must adopt a tax rate after publication of the required Notice of Public Hearing to discuss the 2026-2027 Budget and Proposed Tax Rat
Staff Report & Agenda Item Details
10. Adoption of 2026 Tax Rate Ordinance Description: A public hearing was held at 5:45 pm on August 24, 2026 for the discussion of the 2026-2027 Budget and Proposed Tax Rate. The 2026-2027 Budget was accepted and approved in a previous agenda item. The Board of Trustees must adopt a tax rate after publication of the required Notice of Public Hearing to discuss the 2026-2027 Budget and Proposed Tax Rate. The Notice of Public Hearing for Hamshire-Fannett ISD proposed: The Tax Rate of: $1.03520 (M&O $0.75520 and Debt Service $0.2800) The Calculated Rollback Rate is: $1.06201 per JCAD The No-New Revenue Tax Rate is: $1.04788 per JCAD MOTION REQUIRED: "I move that the property tax rate of $1.03520 be adopted. This includes $0.75520 for maintenance and operations and $0.2800 for interest and sinking to fund bonded debt."