The Round Rock ISD Board of Trustees has approved a tax rate for the 2022-2023 school year that includes a decrease from the previous year and keeps the District’s rate among the lowest in Central Texas.
The tax rate of $1.0626 was approved at the Board’s regular monthly meeting on Sept. 15. It reflects a general operating rate of $0.8546 and a $0.2080 rate for debt service – a 7.1 cent overall decrease from last year.
Round Rock ISD continues to be the lowest taxing school district when compared to Hutto, Leander, Pflugerville and Georgetown ISDs. For comparison, the tax bill for a home valued at $500,000 in each district under 2022-2023 tax rates would be:
Hutto ISD – $7,014.50,
Leander ISD – $6,373.00,
Pflugerville ISD – $6,323.00,
Georgetown – $6,068.00 and,
Round Rock ISD – $5,313.00.
“Our ability to set and approve a tax rate that is one of the lowest in our area is a result of the hardwork and dedication of our Finance team,” Superintendent Dr. Hadef Azaiez said. “Our Finance Department works to find opportunities that allow us to serve our taxpayers in a responsible manner while also providing the best resources possible to our students and staff. We applaud them for their efforts and contributions in such a critical area to our success.”
Trustees adopted a $518.0 million budget in June that included placing $18.3 million toward increasing teacher and librarian pay by 5 percent and other staff members by at least 3 percent.
