Katy, TX News (September 23, 2014) – Last night, the Katy ISD Board of Trustees approved both the Debt Service and Maintenance and Operations tax rates for 2014-2015, which have remained the same for eight consecutive years. The tax rates combined equal a total school tax rate of $1.5266.
The Debt Services tax rate was approved at $0.40 per $100 valuation and provides funds to service the District’s debt for the 2014-2015 fiscal year. The Maintenance and Operations tax rate was approved at $1.1266 per $100 valuation and provides funding for the District’s daily operations cost for the 2014-2015 fiscal year.
For more information on school tax rates for the District, visit the Katy ISD website.