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Gladewater ISD board approves $1.020211 tax rate for 2024–25
Summary
The Gladewater ISD Board of Trustees voted unanimously Sept. 16 to adopt a combined tax rate of $1.020211 for 2024–25—$0.755200 for Maintenance & Operations and $0.265011 for Interest & Sinking—to fund district operations and debt service.
The Gladewater ISD Board of Trustees on Sept. 16 approved the district's 2024–25 tax rate, voting 7–0 to set the combined rate at $1.020211 per $100 of taxable value. The rate breaks down to $0.755200 for Maintenance and Operations and $0.265011 for Interest and Sinking, CFO Candy Keller told the board during a public meeting on the tax rate.
Trustee Ross Morgan made the motion to adopt the rate and Trustee Rickie Blackmon seconded; the motion carried unanimously. The adoption followed certified property valuations provided for Gregg, Upshur and Smith counties and a public-discussion period. The tax rate funds the district's operating budget and debt obligations for the coming school year.
