THE TAX RATE WILL EFFECTIVELY BE RAISED BY 5.53 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $130.00.”  Tax Code 26.05(b)  

NOTE:  THE AD VALOREM TAX RATE OF $1.540000 PER $100 VALUATION REPRESENTS AN INCREASE OF $0.130000 FROM LAST YEAR’S ADOPTED MAINTENANCE AND OPERATION TAX RATE (M&O) AND A DECREASE OF $0.162555 IN THE INTEREST AND SINKING (I&S) FUND TAX RATE FROM LAST YEAR’S ADOPTED INTEREST AND SINKING FUND TAX RATE.  THIS INTEREST AND SINKING TAX RATE WILL DECREASE TAXES FOR A $100,000 HOME BY APPROXIMATELY $162.55.   THEREFORE, THE OVERALL TAX IMPACT FOR A TAX PAYER WITH A $100,000 HOME IS A DECREASE OF $32.55 IN COMPARISON FROM LAST SCHOOL YEAR’S AD VALOREM TAX RATE.