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This is a complex process; however, in the simplest of terms the local appraisal board and chief tax assessor determine the value of property in any given county in Texas. To learn more about how appraisal values are conducted, you can go to:
In Texas, local school taxes are based on property values. There are two tax rates that are combined to make up the school tax rate: Maintenance and Operations (M&O) and Interest and Sinking (I&S). The M&O tax rate for Pampa ISD has not changed since 2006. The I&O tax rate DECREASED in 2012. Read more...
Local School Tax Rate
The state's funding formula for public schools is complex and convoluted. However, there are a few components that allow districts to maximize the formula. One of those components is called the Golden Pennies.
If the TRE passes, the district will receive additional revenue both from local tax effort, but mostly from the state. This local revenue will be used to sustain student academic and extracurricular programs, maintain current student services in place, and provide the means for much needed facility, safety, and security projects.
Pampa Independent School District
1233 North Hobart
Pampa, Texas 79065
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