50-280 (Rev. 4-22/6) NOTICE OF PUBLIC MEETING TO DISCUSS PROPOSED TAX RATE The Keller Independent School District will hold a public meeting at September 24, 2025 5:00 p.m. in Education Center, 350 Keller Parkway Keller, TX . The purpose of this meeting is to discuss the school district’s tax rate that will be adopted. Public participation in the discussion is invited. The tax rate that is ultimately adopted at this meeting or at a separate meeting at a later date may not exceed the proposed rate shown below unless the district publishes a revised notice containing the same information and comparisons set out below and holds another public meeting to discuss the revised notice. Maintenance Tax $ 0.75520 /$100 (Proposed rate for maintenance and operations) School Debt Service Tax Approved by Local Voters $ 0.33000 /$100 (proposed rate to pay bonded indebtedness) of the following expenditure categories: Maintenance and operations 2.35% Increase or % (decrease) Debt service % increase or 26.13 % expenditures % or 2.64 % Current Tax Year Total appraised value* of all property $ 34,480,011,357 $ 34,338,523,056 Total appraised value* of new property** $ 279,632,247 $ 308,654,084 Total taxable value*** of all property $ 28,316,344,607 $ 25,521,857,947 Total taxable value*** of new property** $ 220,432,768 $ 254,415,469 * ** “New property” is defined by Tax Code Section 26.012(17). Indebtedness Total amount of outstanding and unpaid bonded indebtedness* $ 696,655,000 * Outstanding principal. 50-280 (Rev. 4-22/6) (Back) Maintenance Interest Local Revenue State Revenue & Operations & Sinking Fund* Total Per Student Per Student $ 0.7552 $ 0.3300 $ 1.0852 $ 9,642 $ 3,640 R ate to Maintain Same Operations Revenue & Pay Debt Service $ 0.57910 $ 0.3300 $ 0.9091 $ 1,181 $ 5,370 Rate $ $ $ $ $ 0.75520 0.3300 1.0852 8,195 3,581 * The Interest & Sinking Fund tax revenue is used to pay for bonded indebtedness on construction, equipment, or both. The bonds, and the tax rate necessary to pay those bonds, were approved by the voters of this district. Last Year This Year Average Market Value of Residences $ 515,382 $ 487,296 Average Taxable Value of Residences $ 383,336 $ 388,507 Last Year’s Rate Versus Proposed Rate per $100 Value $ 1.0875 $ 1.0852 Taxes Due on Average Residence $ 4,168.78 $ 4,216.07 Increase (Decrease) in Taxes $ 47.29 65, regardless of changes in tax rate or property value. 1.0852 1.0852 . Fund Balances state aid payment: Maintenance and Operations Fund Balance(s) $ 26, 823, 471 $ 17,419,657 and operations tax revenue for the purpose of paying the district’s debt service. Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your property. The 86th Texas Legislature modified the manner in which the voter-approval tax rate is calculated to limit the rate of growth of property taxes in the state.