The Harlingen Consolidated Independent School District Board of Trustees approves a significant tax rate reduction for the upcoming 2023 tax year.
The unanimous decision was made during Tuesday night’s regularly scheduled school board meeting.
For tax year 2023, the HCISD Board of Trustees approved a Maintenance & Operations tax rate of $0.7722 per $100 valuation. This rate will be combined with the Interest & Sinking tax rate of $0.163, resulting in a total tax rate of $0.9352 per $100 valuation for the 2023 year.
This tax rate reduction represents a decrease of approximately 22 cents when compared to last year’s tax rate. When compared to the past six years, HCISD has decreased the tax rate by approximately 38 cents.
“We are so excited to announce this significant reduction in our tax rate for the upcoming year,” Board President Dr. Belinda Reininger said. “This decision reflects our unwavering commitment to our community and our determination to provide quality education while remaining fiscally responsible.”
The HCISD accounting office worked diligently with the Cameron County tax office, Cameron County appraisal district and Texas Education Association (TEA) to develop the proposed tax rate for tax year 2023.
“This tax rate reduction is a testament to our district’s sound financial management and our focus on optimizing resources for the benefit of our students,” HCISD Superintendent Dr. J.A. Gonzalez said. “Thank you to our Board of Trustees and our business office for their continued commitment to financial excellence.”
