Bastrop ISD will propose the same tax rate in September as the previous financial year, Chief Financial Officer Mike White said in August.

The same total tax rate as was approved for fiscal year 2024-25—$1.0679 per $100 of valuation, made up of a $0.6669 maintenance and operations rate as well as a $0.4010 debt service rate—will be considered for 2025-26 by the district's board of trustees at a future meeting.

What you need to know

The district's tax rate is made up of two pieces, the M&O and I&S rates. The M&O partially funds district operations with local property tax revenue, while the I&S rate services the district's debt payments, such as bonds.

White said in an Aug. 19 meeting that the rate will remain the same due to property values, which have not grown enough in the past year

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