Net funding to district won’t hit FISD budget too serverely

Many local seniors, upon opening their recent property tax statements, did a doubletake when they saw their school district tax liability would be zero dollars.

Senate Bill 2 was passed during the 88th Legislature’s second special session. The bill lowered, or “compressed,” the state’s property tax rate further from the original House Bill 3 law passed in 2019. Senate Bill 2 also allowed for the increase to the homestead exempti...