The Marathon Independent School District Board of Trustees adopted a 2020 Maintenance and Operations Tax Rate (M&O Rate) of $1.0516 per $100 valuation. The tax rate adopted is a lower tax rate than the 2019 Maintenance and Operations Tax Rate of $1.0683 per 100 valuation adopted last year.
Please Note: The 2020 tax rate adopted exceeds the no-new revenue (previously called the effective tax rate) M&O rate of $1.00066 per $100 valuation.
THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE
THE TAX RATE WILL EFFECTIVELY BE RAISED BY 5.094 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $50.94