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2018-2019 Tax Rate Notification

June 12, 2018

 

For tax year 2018, the Texas Tax Code requires us to state the following:

 

 

HOLLIDAY ISD ADOPTED A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR’S TAX RATE.

THE MAINTENANCE AND OPERATIONS TAX RATE WILL EFFECTIVELY BE RAISED BY 4.67 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $130.

 

Though not required, we consider the following information to be equally important:

AT THE SAME TIME, THE ADOPTED INTEREST AND SINKING TAX RATE WAS DECREASED, WHICH WILL DECREASE TAXES FOR INTEREST AND SINKING ON A $100,000 HOME BY APPROXIMATELY $130.

THE NET CHANGE ON A $100,000 HOME IS ZERO.

 

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