Tax Impact

ollowing the passage of the VATRE, the overall tax rate and tax bill for the average AISD homeowner decreased.

Since 2019, the Abilene ISD tax rate has decreased by 36 cents per $100 of taxable value. Although the local School Board sets the tax rate, the Texas Education Agency sets certain limitations on tax rates, like the maximum compressed M&O tax rate and requirements for voter approval for rates exceeding certain thresholds.

FAQ

The VATRE resulted in $10 million in local and state funding every year to address local district costs and the deficit budget. That amount includes $3.7 million in local funding and $6.3 million in state funding.

Property taxes for Abilene ISD residents 65 and older are frozen and will not be impacted by the VATRE.

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Frequently Asked questions