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Mount Vernon ISD board sets 2024 tax rate at $1.00505

Mount Vernon ISD Board of Trustees · August 26, 2024
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Summary

At a special Aug. 26 meeting the Mount Vernon ISD Board of Trustees voted 7–0 to adopt a combined tax rate of $1.00505 for 2024, allocating $0.6669 to Maintenance & Operations and $0.33815 to debt service.

The Mount Vernon ISD Board of Trustees approved a 2024 tax rate resolution at its Aug. 26 special meeting, setting a combined rate of $1.00505 per $100 valuation. The board recorded the vote as 7–0 in favor; the motion was made by Vice President Lynda Baird and seconded by Trustee Kyle Clayton.

The adopted rate is split between $0.6669 for Maintenance & Operations and $0.33815 for payment of principal and interest on district debt. The minutes list the item as “Consider Approval to Adopt 2024 Tax Rate Resolution at $1.00505.”

The meeting agenda included a public hearing to receive input on the budget and tax rate as required by state law; the minutes do not transcribe any public comments. The minutes also note the meeting was posted under the Texas Open Meetings Act (Texas Government Code §551).

The board did not convene in closed session on personnel or legal matters, and adjourned at 5:21 p.m.