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After bond defeat, Socorro ISD adopts lower voter‑approval tax rate and signals budget pressures
Socorro Independent School District Board of Trustees · November 20, 2025
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Summary
Trustees set the 2025 tax rate at 0.9389 per $100 (0.6689 M&O; 0.27 I&S) — below the no‑new‑revenue rate — and discussed borrowing, enrollment loss and implications for future voter‑approved tax measures.
Socorro ISD trustees voted Wednesday to adopt a tax‑rate resolution for tax year 2025 that sets the district’s voter‑approval rate at $0.9389 per $100 of assessed value, comprised of a 0.6689 maintenance & operations component and a 0.27 interest & sinking component.
CFO David Solis explained the calculation and the district’s options after voters…
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