Stephenville ISD keeps same tax rate

Taxes on $100,000 property valuation equal $1,234.90

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STEPHENVILLE (August 26, 2016) — Trustees of Stephenville ISD approved keeping its tax rate the same for 2016-17 and also approved the budget for the year in a special called meeting Monday at the SISD administration building.

The tax rate, just as it was last year, is $1.2349 for every $100 of property valuation within SISD. It breaks down as $1.17 for the purpose of maintenance and operations and $.0649 for the purpose of payment of principal and interest on debts.

No change in the tax rate means SISD taxes on a $100,000 home again equate to $1,234.90.

The 2016-17 budget totals $30,301.678 with local, state and federal revenues total totaling $30,743,291 for an expected gain of $441,613.


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