Transparency Stars (Debt Obligation)
Midlothian ISD is Committed to Financial Transparency
The mission of the Finance Office of the Midlothian Independent School District is to manage the school district’s financial operations in the most trustworthy and transparent method possible. The Finance Office is responsible for the District’s fiscal operations including accounting and financial reporting, accounts payable, investments, purchasing, budgeting, internal controls, financial planning, debt management, and facilities management.
The Texas Comptroller of Public Accounts launched the “Transparency Stars Program” in 2016 to recognize local governments across Texas that are striving to meet the high standard for financial transparency online. The “Transparency Stars Program” recognizes local government entities that provide easy online access to important financial data.
Midlothian applied to the Comptroller’s Office for Transparency Stars in both “Traditional Finances” and “Debt Obligations”.
On February 17, 2017, MISD received the Transparency Star for “Traditional Finances”. MISD was the 26th school district in the state to receive this recognition.
On April 6, 2017, MISD received the Transparency Star for “Debt Obligations. MISD is one of only 16 school district to receive this recognition.
Further information about the Comptroller’s program can be found at www.texastransparency.org.
Current Tax Rate
|Maintenance & Operations||$0.6692|
|Interest & Sinking||$0.4400|
|Total Combined Tax Rate||$1.1092|
Midlothian ISD property taxes are collected by Ellis County. For information on tax collection and payment methods please visit the Ellis County website.
Property valuation is determined by the Ellis County Central Appraisal District.
“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 0.19% AND WILL LOWER TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOUSE BY APPROXIMATELY $92.70.”