SECTIONS
Mansfield ISD’s tax rate is decreasing from $1.3346 to $1.1492 per $100 of certified property value. The MISD School Board approved the lower rate at the regular board meeting Aug. 22.
“Our tax rate has decreased for five consecutive years, and that is thanks to the efforts of our Business Services Department as they look to stretch every dollar to benefit both our students and our community,” said Board President Courtney Lackey Wilson.
Under the new tax rate, approximately 78 cents will go toward the maintenance and operations fund, and 36 cents – the same as last year – is for the debt service fund.
The maintenance and operations budget funds daily costs and recurring or consumable expenditures such as teacher and staff salaries, supplies, food, gas and utilities. The debt service fund is used to repay debt for longer-term capital improvements approved by voters through bond elections.
MISD’s 2023-24 budget was approved in June.
Mansfield, Texas, is a booming city, nestled between Fort Worth and Dallas, but with a personality all its own. The city’s 76,247 citizens enjoy an award-winning school district, vibrant economy, historic downtown, prize-winning park system and community focus spread across 37 square miles. The Mansfield Record is dedicated to reporting city and school news, community happenings, police and fire news, business, food and restaurants, parks and recreation, library, historical archives and special events. The city’s only online newspaper launched in September 2020 and will offer introductory advertising rates for the first three months at three different rates.
The Mansfield Record is the only local newspaper serving Mansfield, Texas. Established in 2020, the Mansfield Record is bringing the focus back where it should be.
