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Tax Information

Tax Rate Control and Debt Management

A key component to funding a school district's operations is its tax rate.   The local tax rate is made up of two components – M&O and I&S – each adopted separately by its Board of Trustees.  The rate must meet compliance with state regulations, but more importantly, must adequately fund operations and meet debt service requirements, while being acceptable and fair in the minds of the District’s taxpayers.

Over the past 10 years, Lamar CISD has maintained a combined tax rate of $1.39005 or less (per $100 valuation) through a period of significant student population growth and facilities renovation and construction.

Lamar CISD decreased its total tax rate from $ 1.2691 to $ 1.2420 per $100 valuation for the 2021-2022 fiscal year, the lowest rate in over 3 decades.  Prior to 2019-2020, the M&O rate was $1.04 per $100 valuation beginning with the 2012-2013 fiscal year, which maximized both local revenue and state equalization revenue without a tax ratification election (TRE).  Because of the tax rate compression from HB3, the District’s M&O rate fell to $0.97 in 2019-2020, was further compressed to $0.9191 in 2020-2021, and is now compressed to $ 0.8720.  The second component of the tax rate is the I&S or Debt Service Rate, used to fund principal, interest and other debt related expenditures.   The I&S rate was $0.35 per $100 valuation prior to 2018-2019, $0.33 for 2018-2019, and returned to $0.35 per $100 valuation for 2019-2020 and 2020-2021.  The 2021-2022 rate will be $0.37 to accelerate the payment of principal related to construction to accommodate the rapidly growing number of students.

Lamar CISD property taxes are determined by the property value set by the Fort Bend County Appraisal District.  The Assessment and Collections for the property taxes are administered by Fort Bed County Tax Assessor Collector.  All Lamar CISD tax payments should be remitted to Carmen. P Turner, Fort Bend County Tax Assessor Collector.  All inquiries related to your taxpayer accounts should be directed to (281) 341-3710.  The main address of the Fort Bend County Tax Assessor Collector is 1317 Eugene Heimann Circle, Richmond, Texas, 77469.