The Texas City Independent School District Board of Trustees on Tuesday voted unanimously to set a proposed tax rate of $1.2953, which includes an increase in the district’s bond payment tax rate.
A total of $1.04 per $100 property valuation is dedicated to the district’s maintenance and operations, with the remaining $0.2553 dedicated to payments on the district’s bond issue indebtedness. The 2010 total tax rate was $1.2886.
If formally approved in September, the 2011 tax rate would reflect an increase of $0.0067 per $100 valuation.
The school board voted to schedule a public meeting for August 30 to discuss the budget and proposed tax rate.
The school board voted to accept the 2011 Certified Appraisal Roll and anticipated collection rates.
According to the Galveston County Appraisal District, the total net value of property in the district, adjusting for property tax freezes, is $3,726,446,234.
The school board voted to approve the district’s membership in the Texas School Coalition for 2011-2012.
The school board voted to endorse Joe Adams for the Texas Association of School Boards Board of Directors in Position 4A.
The school board voted to renew a partnership agreement with College of the Mainland for the Collegiate High School.
All items were approved. All votes were unanimous with Trustee Bryan Thompson absent. Agenda