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Proposed tax rate would raise the average home's school tax bill by $321

Financial

What happened

Olfen ISD proposed a 2026-27 tax rate of $0.84326 per $100 of value, up from $0.82910. The notice says the school tax on an average home would go from $398.27 to $719.50. A public meeting on the budget and rate was set for August 25, 2026.

Why it matters to families

Most of the jump comes from higher home values: the average taxable home value rose from $48,037 to $85,324. Families who own homes in the district would pay more, though homeowners 65 and older have their school taxes frozen.

The evidence

The state-required notice lists last year's and proposed rates, the average-home tax comparison, and the August 25 meeting. No posted minutes show the final adopted rate.

The source

Notice of public meeting to discuss budget and proposed tax rate, 2026-27

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