Mansfield Independent School District
Mansfield Independent School District
Tax Information
Public school taxes involve two figures, which divide the school district budget into two “buckets.” The first bucket is the Maintenance and Operations budget (M&O), which funds daily costs and recurring or consumable expenditures such as teacher and staff salaries, supplies, food, gas and utilities. Approximately 85 percent of the district’s M&O budget goes to teacher and staff salaries. The second bucket is the Interest and Sinking budget (I&S), also known as Debt Service, and that is used to repay debt for longer-term capital improvements approved by voters through bond elections.
The Mansfield Independent School District’s is proposing a tax rate for 2026 is as follows:
- $0.7869 for the purposes of maintenance and operations
- $0.3600 for the payment of principal and interest on bonded debt of this school district
- $1.1469 total tax rate per $100 of certified property values which is no change from the prior year.
The highest rate the district can adopt before requiring voter approval at an election is $1.163392. The election will be automatically held if the district adopts a rate in excess of the Voter-Approval Tax Rate (Rollback Rate) of $1.163392.
THE TAX RATE WILL EFFECTIVELY BE RAISED BY 0 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $0
The table and chart below show the district’s tax rate for the previous five years.
