Maintenance and Operations (M&O)
The Maintenance and Operations (M&O) part of the tax rate. Dollars from this portion of the rate are used toward expenses like payroll, utilities, supplies and transportation.
Read MoreThe Maintenance and Operations (M&O) part of the tax rate. Dollars from this portion of the rate are used toward expenses like payroll, utilities, supplies and transportation.
Read MoreThe Interest and Sinking (I&S) part of the tax rate. Dollars from this portion of the rate can only be used to pay down existing debt. These tax collections cannot be used for operations, such as increasing teacher salaries...
Read MoreHouse Bill 3 is a bill passed by the 2019 Texas Legislature. As part of this legislation, HB3 created a system of funding meant to limit the amount of additional revenue generated from the M&O tax rate on rising property...
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