NISD adopts budget- Notice of 2018 Adopted Tax Rate

September 6, 2018

NORTHSIDE INDEPENDENT SCHOOL DISTRICT ADOPTED A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE.

After months of public meetings, the Northside Independent School District adopted its budget and tax rates for 2018-19 on Aug. 28, 2018.

Trustees adopted a tax rate of $1.3755 which is a zero increase from the previous year. In fact, Northside has not raised the tax rate for the past eight years. The proposed tax rate is more than 12.04 cents less than what was projected in School Bond 2014.

The proposed tax rate is comprised of two parts: the Maintenance & Operations tax of $1.04 and the Interest & Sinking tax of $0.3355. 

On an average home in Northside, which is valued at $229,061 the increase in taxes would be approximately $12.59 month.

Trustees have held the line on raising taxes in spite of the District’s continued student growth and opening new schools every year.

Northside ISD Summary of Proposed Budget 2018-2019