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Judson trustees discuss voter-approval tax-rate election and financial outlook, seek 1.1196¢ maximum for public notice
Summary
Trustees heard a staff presentation on a proposed voter-approval tax rate (VATER) that would generate about $24.5 million in new revenue, narrowing a projected structural deficit; staff outlined timelines, an efficiency audit and a solvency plan and trustees signaled consensus to post a maximum tax rate of 1.1196¢ for the public notice period.
Trustees of the Judson Independent School District on Wednesday discussed placing a voter-approval tax-rate election before voters to address a multi‑million-dollar structural deficit. Tony Kingman, the district’s newly hired chief financial officer, told the board that adopting a maximum voter‑approval tax rate of 1.1196¢ would generate roughly $24.5 million in local revenue and reduce the district’s projected 2025–26 deficit to about $13 million.
Kingman said the VATER is required under Texas law when a district seeks to adopt a maintenance and operation tax rate above the state‑calculated limit. He told trustees the district’s operational efficiency audit, contracted to Moe Casey, is expected to be completed and presented in September and that a financial solvency plan will be finalized by the Oct. 17 board meeting.
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