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Penasco school bond cited for local tax-rate increase in Penasco area
Summary
Assessor staff told commissioners that the largest local rate increase was in Penasco, attributing it to a school bond passed last November; the assessor said she spoke with Janice Duran, Penasco Independent Schools business manager, to confirm the change.
During the assessor's presentation, staff flagged the Penasco area as showing the most notable increase among districts and tied that rise to a local school bond. "The increase was due to a school bond that was passed last November to make school improvements in Penasco," the assessor stated, and the assessor said she spoke with Janice Duran, the Penasco Independent Schools business manager, who confirmed the change.
Commissioners acknowledged the explanation and accepted the confirmation from district leadership. The meeting record shows the district-level rate effects were included in the 2023'to'2024 comparison packet provided to the board.
