Tax Information
Public school taxes involve two figures, which divide the school district budget into two “buckets.”
Maintenance and Operations (M&O): Funds daily costs and recurring or consumable expenditures such as teacher and staff salaries, supplies, food and utilities. Similar to a checking account
Interest and Sinking Fund (I&S): Used to repay debt for capital improvements approved by voters through bond elections. Similar to a mortgage
Proceeds from a bond issue can be used for the construction and renovation of facilities, the acquisition of land and the purchase of capital items such as equipment, technology and transportation. By law, I&S funds cannot be used to pay M&O expenses, which means that voter-approved bonds cannot be used to increase teacher salaries or pay rising costs for utilities and services. Additionally, I&S funds are not subject to recapture. Therefore, 100% of all bond funds stay in KCISD.
KCISD Historical Tax Rate
Karnes City ISD’s total tax rate is at a 10-year low.
If Bond 2026 is approved by voters, the district’s total tax rate is estimated to increase by 6.8 cents.
The tax impact on a $150,000 home in Karnes City ISD would be approximately $8.64 a year.
If the bond passes, the total tax rate would remain 12¢ lower than it was in 2022.
$0 increase for voters over 65
KCISD property taxes for citizens aged 65 or older would not be affected by the bond election as long as a homestead and over 65 exemption application has been filed with the local appraisal district.
According to state law, the dollar amount of school taxes for a person 65 years of age or older cannot be increased above the amount paid in the first year after the person turned 65 regardless of changes in tax rate or property value unless improvements are made to the home.
What is my projected tax impact?
The calculator automatically reduces the home value by $140,000, the state’s homestead exemption.
If your home is appraised at $140,000 or less and you have a residence homestead exemption on file with the county appraisal district, you would not see an increase in your tax bill due to this bond election.
The taxable value is fully covered by the state’s $140,000 residence homestead exemption and therefore no Karnes City ISD property taxes are owed.