Current and Proposed Tax Rate
The combined tax rate for Sweeny ISD is $1.0364. The combined tax rate is a combination of an M&O tax rate of $0.8847 and an I&S tax rate of $0.1517.
Tax Office
All Sweeny ISD taxes are collected by the Brazoria County Tax Office:
Brazoria County Tax Assessor-Collector
Main Office Location:
West Annex
451 N Velasco
Angleton, Texas
[email protected]
979-864-1320
Understanding Tax Rates
Funding for public schools in Texas comes from three main sources: local school district property taxes, state funds and federal funds. The vast majority of funding comes from local property taxes and state funding.
The state establishes the total amount of state and local funding due to school districts under Texas school finance law. These laws limit school districts’ ability to generate revenue locally.
The combined tax rate for Sweeny ISD is actually two separate rates that support two separate funds. These funds have separate functions and specific rules govern how these funds can be spent. These separate tax rates are maintenance and operations (M&O) and interest and sinking (I&S). Every year each tax rate is adopted by the School Board.
M&O Tax Rate
M&O taxes fund the general operations of the District and are subject to the state's funding formula for public education. This is the part of the budget that pays for staff, utilities, supplies, general maintenance of facilities and all the costs associated with running our schools on a daily basis. As schools are a people-intensive business, about 80 percent of these funds go to personnel costs.
I&S Tax Rate
I&S taxes fund the costs generated by the issuance of schoolhouse bonds. Bonds pay for building new facilities, renovations of existing facilities and large infrastructure upgrades.
Sweeny ISD must seek the approval of voters to authorize the issuance of bonds. Although voters have to approve an entire bond program, the bonds are only issued as school projects are needed rather than all at once. Most bonds are issued for 30 years, but the principal amount issued for short term assets, such as technology, are paid off more quickly.
Tax Rate History
| YEAR |
RATE |
M&O |
I&S |
| 2021 |
$1.0347 |
$0.8847 |
$0.1517 |
| 2020 |
$1.0347 |
$0.8847 |
$0.1517 |
| 2019 |
$1.1417 |
$0.99 |
$0.1517 |
| 2018 |
$1.2117 |
$1.06 |
$0.1517 |
| 2017 |
$1.2117
|
$1.04 |
$0.1717 |
| 2016 |
$1.2117
|
$1.04 |
$0.1717 |
| 2015 |
$1.2117
|
$1.04 |
$0.1717 |
| 2014 |
$1.2117 |
$1.04 |
$0.1717 |
| 2013 |
$1.2117 |
$1.04 |
$0.1717 |
| 2012 |
$1.2117 |
$1.04 |
$0.1717 |
| 2011 |
$1.2117 |
$1.04 |
$0.1717 |
| 2010 |
$1.2117 |
$1.04 |
$0.1717 |
| 2009 |
$1.2117 |
$1.04 |
$0.1717 |
| 2008 |
$1.2117 |
$1.04 |
$0.1717 |
| 2007 |
$1.2117 |
$1.04 |
$0.1717 |
Tax Rate Adoption 2019
Tax Rate Adoption 2018
Tax Rate Adoption 2017
Tax Rate Adoption 2016
Tax Rate Adoption 2015
Tax Rate Adoption 2014
Tax Rate Adoption 2013
Tax Rate Adoption 2012
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