Tax Dollar Impact

A school district's tax rate is made up of two components: Maintenance and Operation (M&O or the General Operating Fund) and Interest and Sinking (I&S or the Debt Service Fund). Adding the two figures together provide the total school tax rate. 

 

The M&O rate is used to fund day-to-day operations like maintenance of schools and facilities, salaries, and utilities. 

 

The I&S rate can only be used to make payments on district bonds that fund construction and/or other items like technology and buses.

 

Current Tax Rate per $100 Valuation:

Funds	Rate
General Operating Fund (M&O)	$0.955
Debt Service Fund (I&S)	$0.4600
Total Tax Rate	$1.415