Tax Rate
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The Board of Trustees of the Sanford Fritch School District is proposing the tax rate on $100 valuation for the District for the tax year 2025-26 at a total tax rate of $1.22689 on $100 valuation
$0.7478 for the purpose of maintenance and operations
$0.4790 for the purpose of principal and interest on debts
SANFORD-FRITCH ISD IS PROPOSING A TAX RATE THAT WILL RAISE MORE TAXES FOR PRINCIPAL AND INTEREST ON DEBTS THAN LAST YEAR’S TAX RATE.
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On 8-28-24 the Board of Trustees of the Sanford Fritch School District set the tax rate on $100 valuation for the District for the tax year 2024-25 at a total tax rate of $1.2127 on $100 valuation
$0.7478 for the purpose of maintenance and operations
$0.4649 for the purpose of principal and interest on debts
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On 8-28-23 the Board of Trustees of the Sanford Fritch School District set the tax rate on $100 valuation for the District for the tax year 2023-24 at a total tax rate of $1.050336 on $100 valuation
$0.7684 for the purpose of maintenance and operations
$0.281936 for the purpose of principal and interest on debts
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On 8-29-22 the Board of Trustees of the Sanford Fritch School District set the tax rate on $100 valuation for the District for the tax year 2022-23 at a total tax rate of $1.2251 on $100 valuation
$0.9551 for the purpose of maintenance and operations
$0.2700 for the purpose of principal and interest on debts
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On 8-26-21 the Board of Trustees of the Sanford Fritch School District set the tax rate on $100 valuation for the District for the tax year 2021-22 at a total tax rate of $1.3023 on $100 valuation
$1.0323 for the purpose of maintenance and operations
$0..2700 for the purpose of principal and interest on debts
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On 8-27-20 the Board of Trustees of the Sanford Fritch School District set the tax rate on $100 valuation for the District for the tax year 2021-22 at a total tax rate of $1.3153 on $100 valuation
$1.0353 for the purpose of maintenance and operations
$0.2800 for the purpose of principal and interest on debts
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Sanford-Fritch Independent School District is proposing a total tax rate of $1.207800 per $100 of taxable property value for the upcoming tax year. This proposed rate represents a 1.56% decrease from the previous year’s total tax rate.
The proposed tax rate is composed of the following individual components:
- Maintenance & Operations (M&O) Rate: $0.737600 per $100 of taxable value (funds daily school operations, payroll, utilities, and supplies).
- Interest & Sinking (I&S) / Debt Service Rate: $0.470200 per $100 of taxable value (funds voter-approved principal and interest debt payments).
- Total Proposed Tax Rate: $1.207800 per $100 of taxable value.