On Monday, the San Marcos Consolidated Independent School District board of trustees adopted the tax rate and accepted the effective tax rate and rollback rate for 2019.
The board made the decision 6-0 to adopt a tax rate of $1.31 per $100 valuation with trustee Anne Halsey absent.
Of the full $1.313900 tax rate, $0.9900 is used for the purpose of maintenance and operation and $0.3239 for the purpose of payment of principal and interest on bonded indebtedness.
While the 2019 tax rate is $0.10 less than last year, residents will still see a rise in property taxes due to a rise in appraisal values.
Trustees also accepted the effective and rollback tax rate for tax year 2019 for the school district.
This year’s effective tax rate is $1.283919 per $100 valuation, and the rollback tax rate is $1.313989 per $100 valuation.
The board voted 6-0 to accept the effective and rollback rates.
In other news, the board voted 6-0 to accept the certified appraisal roll for Tax Rate 2019. The certified appraisal roll for 2019 is $224,385,601 for the Guadalupe County Appraisal District, $5,981,999,134 for Hays County and $167,241,283 for Caldwell County.