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PSJA finance team reports 96% tax collection rate and reviews investment portfolio as Fed begins rate cuts
Summary
Finance staff reported a 96% annual tax collection rate for 2024 (Sept. 1, 2024–Aug. 31, 2025) and the district’s investment advisor reviewed portfolio positioning and expectations after recent Federal Reserve rate cuts; trustees asked about portfolio maturity and strategies to lock in yields.
Assistant superintendent for finance presented the district’s annual tax collections report and an external advisor reviewed the quarterly investment report during the Oct. 27 meeting.
Miss Gonzales reported an adjusted levy of approximately $65 million and $62.7 million collected in the 12‑month period, representing a 96% collection rate. She noted prior‑year tax compression and the increase in the homestead…
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