Elgin ISD budget and tax rate set, enrollment growth projected Posted in: News During the most recent school board meeting, on Aug. 21, the Elgin ISD Board of Trustees approved a balanced general operating budget for the 2023-2024 fiscal year, in addition to setting the district’s 2023 tax rate. The property tax rate was decreased by more than 18 cents, to $1.2257 per $100 valuation. To continue paying off past bonds issued for district improvements and additions, trustees kept the debt service tax rate static at $0.4682 cents per $100 valuation, while lowering the maintenance and operations rate to $0.7575 cents per $100 valuation. In addition, student enrollment was projected to be at 5,800 pupils ...PLEASE LOG IN FOR PREMIUM CONTENT. Our website requires visitors to log in to view the best local news. Not yet a subscriber? Subscribe today!