Bay City ISD sets tax rate for upcoming year

Bay City ISD sets tax rate for upcoming year

Bay City ISD’s Board of Trustees approved the district’s tax rate for the 2020-2021 school year during their regular meeting held virtually Monday night.

The board approved the maintenance and operation (M&O) tax rate of .94250 cents per $100 of valuation and the interest and sinking (I&S) rate of .48890 cents for a total tax rate of $1.43140.

(1) comment


Considering that most homeowners have been economically crushed by the corona virus, every individual tax bill account should decrease markedly. At least a ten per cent drop in billable amount would seem reasonable. Otherwise, we will see a rash of foreclosures.

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