Tax Information

Sunnyvale ISD plans to be transparent with public funds.

Taxes

If the bond referendum passes, there will be a tax rate impact of $0.03 per $100 valuation. For the average SISD home worth $593,928 with the $100k homestead exemption, that would be an impact of $12.35 a month.

It is important to note that the tax rate in SISD has decreased by $0.34 since 2018.

Learn more about the district’s tax configuration, previous tax rate history, and more below.

SISD’s Tax Rate History

The Sunnyvale ISD tax rate has decreased by $0.34 since 2018.

How is Sunnyvale ISD’s tax rate configured?

A school district’s tax rate is comprised of two components: the Maintenance & Operations tax (M&O) and the Interest & Sinking tax (I&S). Bond sales only affect the I&S rate.

What is M&O and I&S?

Maintenance and Operation (M&O) funds are primarily used for the ongoing operational needs of the district. These funds ensure that the schools can function on a day-to-day basis. They include:

  • Utilities

  • Supplies

  • Salaries

Interest and Sinking (I&S) funds are used for paying off debt incurred by the school district, typically for:

  • Construction of new school buildings

  • Renovation or major repairs of existing facilities

  • Purchase of large equipment or other capital investments

Voters 65+ and/or Disabled

If I have an approved homestead exemption, why will my ballot read “THIS IS A PROPERTY TAX INCREASE?”

Texas legislature passed laws in 2019 requiring all school bond elections to include the following language on the ballot: “THIS IS A PROPERTY TAX INCREASE.” The state mandates all bond ballots to include this language regardless of what individual exemptions each voter may have. The passage or failure of this bond will NOT impact your school district tax rate.