Tax Information

If the Robinson ISD bond referendum passes, the district projects a tax impact of 15 cents.

For the average home in RISD valued at $346,054, that impact would be $30.76 a month.

School Finance 101

A school district’s tax rate is comprised of two components: the Maintenance & Operations tax (M&O) and the Interest & Sinking tax (I&S). Bond sales only affect the I&S rate.

How is Robinson ISD’s tax rate configured?

What is M&O and I&S?

Maintenance and Operation (M&O) funds are primarily used for the ongoing operational needs of the district. These funds ensure that the schools can function on a day-to-day basis. They include:

  • Utilities

  • Supplies

  • Salaries

Interest and Sinking (I&S) funds are used for paying off debt incurred by the school district, typically for:

  • Construction of new school buildings

  • Renovation or major repairs of existing facilities

  • Purchase of large equipment or other capital investments

Voters 65+ and/or Disabled

Voters 65+ or Disabled Tax Exemption

If you qualify for an age 65+ or disabled person residence homestead exemption, the school district taxes on that residence homestead cannot increase as long as you own and live in that home. The tax ceiling is the amount you pay in the year that you qualified for the age 65+ or disabled person exemption. The school district taxes on your residence homestead may go below, but not above, the ceiling amount. 

YOU MUST APPLY FOR THIS EXEMPTION.

Why will my ballot read “THIS IS A PROPERTY TAX INCREASE?”

Texas legislature passed laws in 2019 requiring all school bond elections to include the following language on the ballot: “THIS IS A PROPERTY TAX INCREASE.” The state mandates all bond ballots to include this language regardless of what individual exemptions each voter may have. The passage or failure of this bond will not impact your school district tax amount if you have an approved homestead exemption.