WILD ABOUT THE DETAILS: OUR LOCAL TAX RATE
Discover the Difference Between M&O and I&S
Local funding for G-PISD comes from property taxes. The district sets a tax rate, but the San Patricio County Appraisal District sets your property value.
The local tax rate is divided into two main parts, each with its own purpose — and its own rules for how the money can be used.
Maintenance & Operations (M&O) is the portion of the budget that funds day-to-day needs. These funds keep the district running — paying for staff salaries, classroom supplies, utilities, and student transportation. It’s similar to the part of your personal budget that covers groceries, gas, and monthly bills.
The only way to increase the M&O side of the budget is to improve attendance, increase enrollment or call a Voter-Approval Tax Rate Election.
Interest & Sinking (I&S) is reserved for long-term investments like building schools, renovating facilities, or making major safety improvements. These funds come from bonds approved by voters and can only be used to repay that debt. Think of it like a home loan: the money you borrow to build or renovate your home can’t be used to pay for everyday expenses.
The only way to increase the I&S side to borrow money for larger construction-related capital improvement expenses, is to ask voters to consider a school bond election to incur and pay back debt.
DIGGING INTO OUR LOCAL TAX RATE​
Every dollar collected through local property taxes goes into one of two funds — each with a very specific job:
Maintenance & Operations (M&O) Rate
$0.7637Â per $100 of assessed property value. These dollars support everyday expenses like salaries, supplies, and services that keep the district running.
Interest & Sinking (I&S) Rate
$0.3400 per $100 of assessed property value. These dollars are dedicated to repaying debt from voter-approved bonds used for construction and major facility improvements.
That adds up to a total tax rate of $1.1037 per $100 of assessed value.
When Property Values Rise, State Funding Falls, & Recapture Payment Rises
Over the past 10 years, G-PISD’s total tax rate has dropped by nearly 25 cents — a significant decrease, largely driven by changes in state law.
As a Chapter 49 recapture district G-PISD surrenders $27.1 million in local maintenance and operations tax collections each year to the state.
This number will grow as Chapter 313 Agreements expire.
G-PISD’s TAX RATE HISTORY
Estimated Tax Impact
G-PISD PROPERTY TAX CALCULATOR
See Where Your School Taxes Go
Enter the appraised value of your homestead to estimate the annual property taxes paid to Gregory-Portland ISD.
Enter your home's appraised value before applicable homestead exemptions.
Qualifying homeowners age 65 or older have a school property tax ceiling. As long as you remain eligible and have not made qualifying new improvements to your primary residence, your G-PISD school property taxes generally cannot increase above your established ceiling.
The estimate above applies a total school homestead exemption of $200,000: the $140,000 general homestead exemption plus the additional $60,000 exemption for qualifying homeowners age 65 or older.
This estimate is based on current exemptions and tax rates and does not calculate your individual tax ceiling. If you qualified for the age 65+ exemption in a prior year, your actual G-PISD school tax bill may be lower or otherwise differ from this estimate. Refer to your appraisal district or tax records to determine your applicable school property tax ceiling.
Where Your Taxes Go
Supports the day-to-day operations of G-PISD, including teachers and staff, classroom instruction, transportation, utilities, educational programs and other operating expenses.
This represents the estimated portion of your M&O taxes that may be sent back to the State of Texas through the school finance recapture system, sometimes referred to as "Robin Hood."
Used to repay voter-approved bonds for school facilities, renovations, equipment and other long-term capital projects.
Your Tax Bill Breakdown
Important: This calculator provides estimates for informational purposes only. Actual property taxes may vary based on exemptions, tax ceilings, appraisal values, eligibility requirements and other factors. Estimated recapture amounts are based on district-wide assumptions and do not represent an individual taxpayer payment directly to the State of Texas. Contact the appropriate appraisal district, tax office or Gregory-Portland ISD for official tax information.