Tax Impact

  • Why do residents have to vote to change the M&O Tax Rate?

  • How would the tax rate be impacted by a TRE?

  • What would the state mandated reduced M&O Tax Rate be?

  • What would Katy ISD's total school district (M&O + I&S) tax rate be with the state mandated 4.7 cent reduction?

  • Tell me about the homestead.

  • Will homeowners 65 years of age and older be impacted by the passage of TRE?

  • What is the average taxable home value in Katy, and what would the average annual savings be with the reduced M&O Tax Rate of $0.9148?

  • How does Katy ISD’s M&O tax rate compare to other districts?

  • Why does the ballot language say $65.3 million?

  • How much additional tax revenue will the District receive if there is no TRE, and does the District get to keep all of it?

  • Does this additional revenue of $41.7M impact Katy ISD’s bottom line?

  • How much tax revenue will the 4.7 cents from a successful TRE bring to the District?

  • Will Katy ISD get to keep all additional $23.6M in revenue generated by the TRE?

  • Will there be a difference in my tax bill with the TRE?

  • Will there be a property tax rate increase with a TRE?