Understanding the Financial Impact

Did you know FISD has reduced the overall tax rate?

Responsible Financial Stewardship

Since 2014, Floresville ISD has decreased its total tax rate by 60 cents, reflecting a continued commitment to fiscal responsibility.

  • The district has reduced its tax rate by 38% in the last 10 years.

*Home owners with the “Over-65 Homestead Exemption” will not incur a tax increase.

One of the Lowest Tax Rates in Wilson County

Floresville ISD maintains one of the lowest tax rates in the region. The district remains committed to balancing responsible financial planning with investments in schools and facilities to support students and the community.

Tax Impact

The proposed bond includes a projected increase of up to $0.22992 to the I&S tax rate, bringing the total tax rate to $1.11992. Even with this increase, Floresville ISD’s tax rate remains among the lowest in recent years.

  • No increase to the tax rate is expected in 2025-26. This increase may be phased in over 2-3 years depending on:

    • Property values

    • Interest rates

    • Project timelines

    • Bond repayment schedules

Homestead Exemptions

For Wilson County residents 65 years and older, school district property taxes will not increase, even if property values go up (excluding new improvements).

To qualify, homeowners must have an approved Homestead and Over-65 Exemption on file with the Wilson County Appraisal District and must own the property as of January 1st of the tax year.

Understanding the Tax Rate

School District’s budgets are divided into two parts: Maintenance and Operations (M&O) and Interest and Sinking (I&S). Each serves a distinct purpose.

  • M&O Fund: Covers the district’s daily operational costs, including teacher and staff salaries, classroom materials, utilities, and transportation.

  • I&S Fund (Bond Funds): Used to pay off debt from voter-approved bonds. This fund is dedicated to major projects such as constructing new schools, renovating existing buildings, and purchasing land or equipment. It cannot be used for operating expenses like salaries or utility bills.

The M&O fund ensures day-to-day operations, while the I&S fund is allocated for long-term facility improvements. Together, they support both the district’s current needs and future growth.