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SISD adopts 2025 tax rate at 0.9389 per $100, below 'no new revenue' rate
Summary
CFO David Solis reported quarterly finances and recommended adoption of the voter‑approval tax rate of 0.9389 per $100 (0.6689 M&O and 0.27 I&S); the board adopted the resolution after a legal consultation and brief executive session on debt service implications.
The Socorro ISD Board on Nov. 19 adopted a tax rate for calendar year 2025 of 0.9389 per $100 of property value, a rate administration described as the voter‑approval tax rate and lower than the calculated 'no new revenue' rate.
Chief Financial Officer David Solis said the 0.9389 rate consists of 0.6689 for maintenance and operations…
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