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Valley View ISD adopts new combined tax rate of $1.1599, citing Governor disaster declaration
Summary
Trustees adopted a maintenance & operations tax rate of $0.7869 and a debt-service rate of $0.3730 for a combined $1.1599 per $100 valuation — an effective 13.76% increase overall; board said M&O rate effectively rose 6.52%.
The Valley View ISD Board of Trustees voted unanimously Aug. 29 to adopt a maintenance and operations tax rate of $0.7869 per $100 of valuation and a debt-service tax rate of $0.3730 per $100, producing a combined rate of $1.1599. Finance Director Sandra C. Martinez presented the resolution and the motions were made and seconded by trustees on the dais.
The minutes record the board’s disclosure that the adopted rate "is effectively a 13.76 percent increase in the tax rate" and that the M&O component "will effectively be raised by 6.52 percent"; the board noted this would raise taxes for maintenance and operations on a $100,000 home by approximately $29.40. The resolution cites findings under Tex. Educ. Code § 26.042(e) in relation to Governor-declared disaster conditions.
