Farmersville ISD trustees approved a lower tax rate for the 2025-26 year at their Aug. 27 meeting while also opening extracurricular opportunities to homeschool students.
The board set the total tax rate at $1.215 per $100 valuation, a decrease of 2.44 cents from the previous year. Assistant Superintendent for Business Anna Baker presented the resolution, which designates $0.7308 for maintenance and operations and $0.4842 for interest and sinking debt. Data establishing the maximum compressed rate was not available until August, she said.
There were no speakers during the public hearing required to set the tax rate.
Trustees also unanimously approved monthly financial reports, a quarterly investment report, the annual investment report, and the annual self-certification of the district’s increased micro-purchase threshold.
By Cole McClendon
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