Business and Finance
Check Payment Lists
For security purposes, check payments are not posted online
until they have aged at least 90 days.
Equipment Tracking Forms
The Pilot Point Independent School District adopted a tax rate that will raise more taxes for maintenance and operations than last year's tax rate. The tax rate will effectively be raised by 2.7 percent and will raise taxes for maintenance and operations on a $100,000 home by approximately $31.
The effective tax rate calculation enables the public to evaluate the relationship between taxes for the prior year and the current year, based on a tax rate that would produce the same amount of taxes if applied to the same properties taxed in both years. Full disclosure under Tax Code 26.04 requires the District to use special language to describe the increase tax collections.
It is important to recognize that the current state funding formula for public education does not allow a district to keep the additional taxes collected at the compressed maintenance and operations tax rate as a result of having a higher tax base. The state's revenue contribution to the district will decrease to offset the increased local tax collections based on the maintenance and operations compressed rate.
The tax rate for 2015-2016 remains at $1.37, unchanged from 2014-2015.
Financial Facts 2015-2016
Net Taxable Value Estimated $ 607,593,611
Taxable Value Per ADA $ 476,544
Tax rate per $100 valuation $ 1.37
Maintenance & Operation $1.17
Interest & Sinking $0.20
Homestead $ 15,000
Over Age $ 16,000
Disability $ 10,000
Operating Budget $ 12,907,155
Operating Budget Per ADA $ 10,123
Other Required Postings
ARRA Section 1511 Certification (Year One)
ARRA Section 1511 Certification (Year Two)