Houston ISD’s fiscal year 2026-27 budget vote has been delayed to June 25. The preliminary total tax rate is $0.8421 per $100 valuation, which is $0.0362 lower than the current total tax rate of $0.8783 per $100 valuation.

Budget Details

The preliminary total for taxable property values within HISD’s boundaries for FY 2026-27 increased by 0.24% year over year to $232.62 billion. The projected total taxable values for property categories increased 2.44% for residential and rural property, 2.38% for apartments, and dropped 18.49% for personal commercial property.

The preliminary tax rate is subject to change once the final Certified Values are delivered to HISD by the Harris Central Appraisal District in July. The third iteration of the draft general fund budget features about $1.99 billion in total revenue and about $2.015 billion in total expenditures.

During HISD’s first FY 2026-27 budget workshop, early drafts of the budget featured $46.8 million in spending cuts due to expected student enrollment losses. A 4% pay raise for teachers and a minimum pay of $17 per hour for employees was discussed, but no action was taken.

Original reporting: Community Impact — Houston — read the source article.