Property Tax Rate The Fiscal Year (FY) 2020 M&O tax rate is 34.677 cents per $100 of taxable value. The FY 2020 Debt Service tax rate is 21.150 cents per $100 of taxable value. These two tax rate components together provide for a total tax rate for FY 2020 of 55.827 cents per $100 of taxable value.