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Austin Independent School District

FY2017 Austin Area School District Property Tax Rates


PriortoFY2007,Austin ISDhadsettheM&Otaxrateat$1.50forfourconsecutiveyears.In 2006,when


thelegislatureimplementedHB1,M&Otaxrateswerecompressedto88.67percentofpreviouslevelsin
FY2007,andthenagainto66.67percentinFY2008.Thebillalsoalloweddistrictstoaccessfouradditional
pennies of M&O without voter approval, resulting in the district adopting M&O tax rates of $1.37 and
$1.04forFY2007andFY2008,respectively.

The May 2013 voter approved bond propositions are funded through the I&S tax rate. However, due to
theincreaseinlocalpropertyvaluesandthefactI&Scollectionsarenotsubjecttorecapture,theI&Srate
willremainflatinFY2018.

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