EARLY VOTING - Oct. 19–30 | ELECTION DAY - Tuesday, Nov. 3
Financial Information
The Rate McKinney ISD Controls Is Going Down
The district is funding its priorities while lowering the rate, not raising it.
In August, McKinney ISD lowered the total tax rate by almost 4 cents.
McKinney ISD anticipates being able to support all five propositions (assuming approved by the voters) with an overall tax rate of approximately 3.79 cents lower than last year.
Your Tax Rate Explained
Total Tax Rate Comparison
Current Total Tax Rate (Adopted 2025 Tax Rate)
$1.1043
New Total Tax Rate (Proposed 2026 Tax Rate)
$1.0664
Net Difference
$0.0379 LOWER
How?
1. M&O rate is compressed
2025–26: $0.7343
2026–27: $0.7147
The M&O rate is compressed from $0.7343 in 2025–26 to $0.7147 in 2026–27.
The rate is compressed by the state due to property value increases.
2. I&S rate is reduced
Current: $0.37
New 2026–27: $0.32
The I&S rate is $0.37 and we are dropping it to $0.32.
3. VATRE is added to the new compressed M&O rate
2026–27 MCR: $0.7147
VATRE: $0.0317
= New M&O Rate: $0.7464
VATRE is the Voter-Approval Tax Rate Election.
2026–27 Tax Rate Calculation
New M&O Rate
$0.7464
(2026–27 MCR $0.7147 + VATRE $0.0317)
New I&S Rate
$0.32
Total Tax Rate (Proposed 2026 Tax Rate)
$1.0664
Impact on Median-Valued Homestead
FY 2025–2026 (TY 2025) | FY 2026–2027 (TY 2026) | |
|---|---|---|
Median-Valued Homestead | $382,757 | $368,036 |
Tax Rate per $100 of Value | $1.1043 (Adopted 2025 Tax Rate) | $1.0664 (Proposed 2026 Tax Rate) |
Estimated Property Tax Bill | $4,227 | $3,925 |
Estimated Annual Property Tax Bill
$4,227 → $3,925
$302 LOWER
Based on the median-valued homestead.