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Financial Impact

The tax rate increase that the District is proposing for the $80M bond is 10.23 cents, which would result in a total Tarkington ISD tax rate of $1.0325. The District has decided to complete the proposed projects in phases, which results in a smaller tax rate increase.  

  • The following table shows how the potential tax increase will impact your tax bill, depending on the value of your homestead. *Use the appropriate taxable value if you are not eligible for the homestead exemption.

  • This shows the estimate of how much your tax bill would increase and what the impact would be monthly for those who escrow their taxes.

  • For example: A homestead assessed at $250,000 (taxable value of $150,000 after exemption) will have a tax difference of $12.79 per month, or $153.45 per year, in 2025 vs. 2024.