EFISD Bond 2024: A Commitment To Sound Financial Management
• Elysian Fields ISD has been awarded a "Superior" rating in Texas' School FIRST accountability system. This prestigious rating demonstrates EFISD's exceptional financial management practices and effective allocation of resources.
• EFISD’s total tax rate in 2023-2024 (0.7029 cents per $100 valuation) is
the lowest tax rate in the area compared to other county districts and those with comparable enrollment
(see chart below).
• Over the last 10 years, EFISD has lowered the total tax rate by over 53 cents ($0.5341), from $1.237 in 2013-2014 to $0.7029 in 2023-2024.
• EFISD’s Interest & Sinking (I&S) tax rate, dedicated toward paying off debt, has lowered from $0.1970 in 2013-2014 to $0.0337 in 2023-2024, a difference of over 16 cents.
• EFISD’s 2023-2024 tax rate of $0.7029 is the lowest tax rate in the district’s history since before the 2005-2006 school year.
Source: TEA, Municipal Advisory Council of Texas, and District and County Disclosure Documents FY2024.
