Holliday ISD school board approves 2023 tax rate

The Holliday ISD School Board approved a total tax rate of $1.2529 per $100 value at the scheduled board meeting on Monday, Sept. 12.

The Maintenance and Operation (M&O) rate was set at $0.9429 while the Interest and Sinking (I&S) rate remained at $0.31 to give the combined rate of $1.2529. The rate is effectively a 5.46% increase in tax rate due to an increase in property values.

“There’s a…