Denton ISD Decreases Total Tax Rate for Sixth Consecutive Year

For the sixth consecutive year, Denton ISD has decreased its total tax rate. Denton ISD’s Board of School Trustees adopted the total tax rate of $1.1569 for 2024-2025 at a meeting on Sept. 24.

The median home price in Denton ISD is roughly $465,000, and since 2018, the district has decreased its total tax rate by more than $0.38. Compared to the district’s tax rate of $1.54 from six years ago, the $1.1569 tax rate for 2024-2025 saves the average homeowner $1,782 per year.

“Our district and Board of Trustees have repeatedly shown a commitment to sound fiscal management,” said Dr. Susannah O’Bara, Superintendent of Schools. “Being good stewards of tax dollars is extremely important to us, and the growth we are experiencing allows us to continue to lower our tax rate and provide savings to each taxpayer in our community.”

Denton ISD continues to rank as one of the fastest growing school districts in the Dallas/Fort Worth metroplex based on new home closings. Currently, there are more than 33,100 students enrolled in the district.

In addition to lowering the total tax rate by more than $0.38 over the past six years, Denton ISD has saved a combined $274.4 million by refinancing bonds since 2005. The district has also received the highest possible Financial Integrity Rating System of Texas (FIRST) by the Texas Education Agency (TEA) for 21 consecutive years.