Tax Information

  • Tax Rate Notification
    Public school taxes involve two figures, which divide the school district's budget into two “buckets.” The first bucket is the Maintenance and Operations budget (M&O), which funds daily costs and recurring or consumable expenditures such as teacher and staff salaries, supplies, food, gas and utilities. Approximately 85 percent of the district’s M&O budget goes to teacher and staff salaries. The second bucket is the Interest and Sinking budget (I&S), also known as Debt Service, and that is used to repay debt for longer-term capital improvements approved by voters through bond elections.

    For the 2024 tax year, Pleasant Grove ISD’s I&S tax rate is $.365, and the M&O tax rate is $0.7020 for a total tax rate of $1.0670 per $100,000 of certified property value or a decrease of $0.0277 from the prior year. The table below shows the district’s tax rate for five years.

    Tax Year M&O I&S Total Tax Rate
    2024 $0.7020 $0.365 $1.0670
    2023 $0.7297 $0.365 $1.0947
    2022 $0.9013 $0.365 $1.2663
    2021 $0.9965 $0.365 $1.3615
    2020 $1.0028 $0.365 $1.3678
    2019 $1.0165 $0.365 $1.3815

    image.png

    Resolution of the Board to Set Tax Rate