Our Schools

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.

For the 2023 tax year, Mansfield ISD’s I&S tax rate is $0.36, and the M&O tax rate is $0.7892 for a total tax rate of $1.1492 per $100 of certified property values or a decrease of $0.1854 from the prior year.

The table and chart below shows the district’s tax rate for the previous five years.

Tax Rate History Graphic


TAX Year



Total Tax Rate

2023 $0.7892 $.36 $1.1492
2022 $0.9746 $.36 $1.3346
2021 $1.0583 $.36 $1.4183
2020 $0.9564 $0.4900 $1.4464
2019 $0.9700 $0.4900 $1.4600