The Texas Tax Code provides mandatory ballot language, but what does it mean?
The TOTAL tax rate of $0.9233 is $0.0014 less than the previous year.
The increase of 1.08% references the increase to ONLY the M&O rate (from $0.7290 in 2023 to $0.7369 in 2024)
$1,513,042 represents the difference in the tax collections from the $0.7290 M&O rate to $0.7369.