Tax Rate

The tax rate is a pivotal aspect of Texas school district financial management, representing the financial contribution of taxpayers to support educational endeavors. Comprising two vital components—maintenance and operations (M&O) for ongoing expenses and interest and sinking (I&S) for debt service—the total tax rate is annually determined based on the district's budget requirements and property assessments.

 

At Mission CISD, we are steadfast in our commitment to maintaining a reasonable tax rate that balances the needs of our students and schools. The 2023-2024 budget sets the tax rate at $1.113 per $100 of property valuation, aligning with the previous year's rate. Mission CISD has reduced the tax rate by 0.2542 cents over the past eight years, exemplifying our dedication to fiscal responsibility.

 

Recognizing the significance of tax payments within our community, Mission CISD actively manages funds through regular financial reviews and pursues cost-effective solutions to ensure an optimal educational experience for students. Our commitment to transparency and accountability is evident in our meticulous approach to balancing community needs when establishing the annual tax rate.