As a Texas Public School District, Magnolia ISD has revenue streams consisting of federal, state and, local sources. A significant portion of the local revenue is comprised of property tax revenue generated by property owners within the boundaries of MISD. As stewards of taxpayer dollars, the MISD Board and Administration is committed to transparency of financial dealings. The Financial Transparency webpage is generated in an effort to promote a crystal-clear picture of district finances for public viewing. For additional information or to make an Open Records Request, please contact CFO Erich Morris.
IN 2016-17, MAGNOLIA ISD ADOPTED A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE.
Comptroller Leadership Circle Member
In December 2014, Magnolia ISD was awarded the Texas Comptroller Leadership Circle Platinum Designation for excellence in on-line financial transparency. The Platinum Designation represents the highest level awarded for the 2015-2016 school year. For each of the previous two years, MISD received what was originally the highest level of Gold.
2016-17 Magnolia ISD Official Budget Document
Click on the platinum circle image to be linked to this program and the list of school districts that are Platinum members.