Property Tax Rate per $100 Valuation, Tax Years 2018-2020
|Total Tax Rate||1.2212||1.2348||1.3048|
|Maintenance and Operation Rate||0.9564||0.9700||1.0400|
|Interest and Sinking Fund Rate||0.2648||0.2648||0.2648|
The tax rates set for the Round Rock Independent School District represent the taxes levied per $100 of taxable property value. Taxable property values are determined by both the Travis Central Appraisal District and the Williamson Central Appraisal District and collections of the property tax are administered by the Travis County Assessor-Collector and the Williamson County Tax Assessor-Collector.
The Round Rock Independent School District‘s total tax rate is comprised of two components:
The Maintenance and Operations (M&O) tax rate which funds approved maintenance and operating expenses for the year.
The Interest and Sinking Fund (I&S) rate, sometimes referred to as the Debt Rate, funds the annual debt service requirements on voter authorized tax supported bonds.