The Hitchcock Independent School District Board of Trustees on Tuesday voted unanimously to adopt a 2010 tax rate of $1.50 per $100 valuation.
The tax rate will be divided between maintenance and operations of the district, and payment on the district's bond issues. A total of $1.04 will be dedicated to the district's operations, while $0.46 will be used to make payments on debt.
The tax rate reflects an increase of $0.05995 over the 2009-2010 tax rate of $1.44005.
The school board voted unanimously to authorize the issuance of $500,000 in Hitchcock ISD Unlimited Tax School Building Bonds.
The school board took no action regarding a proposal by Joiner Partnership for an alternative school construction project.
The school board held a workshop session to review and discuss the 2010-2011 budget. No action was taken on the item.
No other action items were on the agenda. All members were present. Agenda