JISD will hold a public hearing at 6 p.m. August 31, 2020, in the JHS Commons, to determine the public’s response to the proposed tax rate and the 2020-21 school budget.
The School Board is proposing a tax rate of $0.9664 per $100 of valuation for Maintenance and Operations and a $0.0830 per $100 of valuation for debt expenses. This is a decrease from last year’s rate of $0.0064 per $100 valuation.
The Total tax rate is $1.0494 per $100 valuation. Last year’s total rate was $1.0558 per $100 valuation. Texas Senate Bill 3 (SB3) limits the tax rate a school district can adopt. This year it requires them to lower rates as a result.
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