Understanding the Tax Rate

The state of Texas shares the responsibility of funding public schools with local taxpayers via a Maintenance & Operations Property Tax levied on local taxable values.  The state's share is determined by how “property wealthy” a school district is within its school zone boundary. Each school district & school board adopts a tax rate that is applied per $100 of the property’s value. 

The Celina Ad Valorem tax rate of 1.2358 was set by the CISD Board of Trustees earlier this year. That rate is not changing. The additional M&O revenue in this VATRE will come from 5.11-cent decrease to the Interest and Sinking (I&S) portion of the school district’s tax rate, and a 5.11-cent increase in the Maintenance and Operations (M&O) portion of the tax rate.