Texas Public School Tax Rates

Description

Summary
- A .xlsx formatted file, provided by the Texas Education Agency (TEA), that provides the annual Maintenance and Operations (M&O) and Interest and Sinking (I&S) tax rates for all Texas public school districts for academic years 2006-2023.
  - M&O / I&S Taxes: “A district’s property tax rate consists of a maintenance and operations (M&O) tax rate and, if applicable, an interest and sinking (I&S) tax rate. The M&O tax rate provides funds for maintenance and operations. The I&S tax rate provides funds for payments on the debt that finances a district’s facilities. The calculation of state funding for school districts is tied to tax effort; thus, tax rates provide an essential component in the state’s school finance formulas.”¹
Source
- “School District Property Values and Tax Rates.” Texas Education Agency, Texas Education Agency, 9 Aug. 2024, tea.texas.gov/finance-and-grants/state-funding/additional-finance-resources/school-district-property-values-and-tax-rates.