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Taylor ISD outlines plan for a voter-approved tax-rate election that could net about $800,000
Summary
Finance staff presented a plan to seek a voter-approved tax-rate election (referred to in the transcript as a 'VADER') that would replace temporary 'disaster pennies'; staff estimated roughly $800,000 in additional funding, with about $200,000 likely subject to state recapture, and proposed a timeline through election planning in 2025.
Taylor ISD finance staff on Nov. 18 briefed the Board of Trustees on a potential voter-approved tax-rate election intended to replace the temporary "disaster pennies" adopted earlier this year.
Jenna explained that a voter-approved tax-rate election would permit the district to use additional maintenance and operations pennies authorized by the state and that, in Taylor's current position,…
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