White settlement ISD Bond 2022

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Tax Info

Tax Graphic

The 2021 Voter Approved Tax Ratification Election provided an 8 cent increase to WSISD’s Maintenance and Operations budget (M&O).
M&O funds the district’s day-to-day operations including teacher and staff salaries, supplies, transportation, gas, utilities, etc. 

A 2 cent increase to WSISD’s Interest and Sinking (I&S) Fund, also known as Debt Service, was anticipated with the passage of the 2022 Bond, but as a result of the increased property values, the 2 cent increase was not needed. I&S funds the debt payments of the district, including the construction of new facilities.

Maintenance & Operations (M&O) Tax Rate
WSISD’s 2022 property tax rate is $.9374 per $100 valuation for Maintenance and Operations (M&O).
The M&O tax rate is $.0429 or 4.29 cents lower than the prior year.
The prior year M&O tax rate was $.9803.

The tax rate is calculated as follows:

  • TEA compressed rate of $.8074 (prior year was $.8503)
  • Golden Pennies allowed without an election $.05 (same as last year), and
  • Voter Approved Taxpayer Ratification Election $.08 (same as last year)


Total M&O tax rate = $.9374

The tax compression was mandated by changes passed during the 2019 legislative session.

Interest and Sinking (I&S) Tax Rate
WSISD’s 2022 property tax rate is $.48 per $100 valuation for Interest and Sinking (I&S)/bond payments.
Voters approved a $115 million bond proposal in May 2022.

As a result of the increased property values, the anticipated 2 cent increase was not needed, maintaining the I&S rate at $0.48 per $100 valuation the same as the prior year.

Total Tax Rate
WSISD’s combined tax rate (M&O and I&S) is $1.4174, a decrease of $.0429 or 3 percent less than last year’s rate.
This will cost the taxpayer with an appraised value on their residence of $187,000 $80.22 less per year or $6.68 per month.