Thrall ISD adopted a total tax rate of $1.28 per “one hundred dollars” in taxable property value. That tax rate services a maintenance and operations budget of $1.068 and a debt service payment of $.219. The adopted rate represents a 10 cent decrease in the tax rate from 2018-2019. This year’s 86th legislature’s public school finance reform served as the primary driver in the rate reduction. Specifically, HB 3 provided tax relief for property owners and additional state revenue to school Districts.