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The tax rate generates funding for AISD\u2019s daily operations and debt service fund. Board members approved the tax rate nearly two months after approving a $226 million general fund budget<\/a> in June.<\/p>\n Despite the lower rate, some homeowners may pay more in taxes due to rising home values. The average taxable value of a single-family home increased by more than $10,000 between 2025 and 2026, according to certified totals<\/a> from the Collin Central Appraisal District.<\/p>\n The average taxable value of a single-family home was $457,872 in 2026, according to the Collin Central Appraisal District<\/a>. The average homeowner could pay about $5,053 in property taxes to the school district.<\/p>\n More information<\/p>\n The district tax rate is composed of two rates that contribute to the general fund and debt service fund:<\/p>\n Maintenance and operations, or M&O, rate: $0.7137Used to fund daily operations and maintenanceInterest and sinking, or I&S, rate: $0.3900Used to fund debt obligations<\/p>\n The maintenance and operations rate is established based on several factors including the maximum compressed tax rate<\/a>, or MCR, set by the Texas Education Agency, said Kyle Penn, assistant superintendent of Business and Technology.<\/p>\n \u201cThat number comes to us from TEA,\u201d Penn said. \u201cWe do not set that rate. It\u2019s looking at the values that we receive from the appraisal district.\u201d<\/p>\n The MCR was lowered this year but the rest of the formula remained the same, according to the district presentation.<\/p>\n In case you missed it<\/p>\n