Finance » Tax Rate

Tax Rate

Tax Rate Calculation Worksheet

This worksheet shows the calculations for the no-new-revenue tax rate, the voter-approval tax rate, and the proposed tax rate for the 2025 tax year as required by Texas law

Tax Rate Data

2025-26 Total Tax Rate
$0.9296
Maintenance & Operation      $0.7846
Interest & Sinking (Debt)        $0.145
 
Tax Rate Adopted by the GISD School Board subject to the VATRE passed in November 2023
(per $100 of property valuation)
 

 

2013 Bond Impact on Granbury ISD Tax Rate

Expected
November 2013		 Actual
2014-15		 Now
2021-22
15 ȼ 12 ȼ 4 ȼ
 
 

Granbury ISD Tax Rate History

Tax Rate

2024-25

2023-24

2022-23

2021-22

2020-21

2019-20

2018-19

2017-18

2016-17

2015-16

M&O

$0.7869

$0.7892

$0.8546

$0.9438

$0.9664

$0.97

$1.04

$1.04

$1.04

$1.04

I&S

$0.145

$0.145

$0.145

$0.145

$0.145

$0.155

$0.155

$0.17

$0.215

$0.225

Total

$0.9319

$0.9342

$0.9996

$1.0888

$1.114

$1.125

$1.195

$1.21

$1.255

$1.265



Tax Rate

2014-15

2013-14

2012-13

2011-12

2010-11

2009-10

2008-09

2007-08

2006-07

2005-06

2004-05 

2003-04 

M&O

$1.04

$1.04

$1.04

$1.04

$1.04

$1.04

$1.04

$1.006

$1.286

$1.450

$1.425

$1.50

I&S

$0.225

$0.105

$0.105

$0.11

$0.10

$0.115

$0.130

$0.165

$0.154

$0.220

$0.245

$0.20

Total

1.265

$1.145

$1.145

$1.15

$1.14

$1.155

$1.17

$1.171

$1.44

$1.67

$1.67

$1.70