Kennedale Independent School District special meeting, Sep 8, 2026
20 min · 0 public speakers
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What happened
What happened at this meeting
Board adopts total tax rate of 1.1352 per $100 of valuation 1:14
- A district staff member presented a recommended maintenance and operations tax rate of 0.7552 and an interest and sinking rate of 0.3800, for a total tax rate of 1.1352 cents per $100 of valuation for the '26-'27 school year. 1:14
- The staff member said the published 40-cent minimum debt rate did not consider around $842,000 in state aid, so the rate could stay the same as last year. 13:56
- The board unanimously approved a motion by Dr. Maria Douglas to adopt the tax rate as presented. 17:04
Item by item (4)
- Opening and public comment 0:00
- Adoption of the 2026 tax rate 0:51
- A district staff member recommended a maintenance and operations rate of 0.7552 and an I&S rate of 0.3800, for a total tax rate of 1.1352 cents per $100 of valuation, and said the recommended rate was lower than the no new revenue rate. 1:45
- A speaker asked how the district would make up for property values that went substantially down if the debt rate stayed at 38 cents. 14:32
- The staff member said the original calculation listed $0 in additional state aid for homestead exemptions, while the district expects around $842,000 from the state to help make its debt payment. 14:56
- The board unanimously approved a motion by Dr. Maria Douglas to adopt the tax rate as presented. 17:04
- Questions on budget fund balance estimates 17:19
- A speaker asked what factors would determine whether the use of fund balance ended up at 941, 561 or 191. 17:19
- The staff member described estimating methods based on a prior history comparison of the T2 value to the certified value, applying the percentage decrease in values to the T-2, and a manual calculation using taxable categories from the county. 17:55
- The staff member said a preliminary number would come in February of 2027 and the final number not until August of 2027. 18:44
- Adjournment 19:52
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Video: posted by the district as “KISD SPECIAL MEETING - SEPTEMBER 8, 2026 AT 6:30PM”