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Presenter: disaster "pennies" keep $916,000 for Mercedes ISD; board would need resolution or voter election to make it permanent
Summary
Dr. Magallanes of Estrella Ne Horsa told the Mercedes Independent School District Board that keeping three disaster-related “copper” pennies in the M&O tax rate preserves about $916,000 for 2025–26.
Dr. Magallanes of Estrella Ne Horsa told the Mercedes Independent School District Board of Trustees that the district can preserve roughly $916,000 in combined local and state aid for 2025–26 by keeping three disaster-related “copper” pennies in its maintenance and operations (M&O) tax rate.
Why it matters: the pennies produce about $234,000 in local revenue and the state provides roughly $682,000 to match that levy; without a disaster declaration or a voter-approved tax-rate election the district’s budget would be reduced by about $916,000, a presenter said.
The presentation, given during a special workshop, explained that a property-tax bill shown to homeowners is actually a combination of multiple components. “Maintenance and operations … is used for your daily operations to pay for teacher salaries,”…
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