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Jim Ned CISD sets 2025 tax rate at $0.9870, calls VATRE election
Summary
Trustees set the 2025 tax rate at $0.9870 (M&O $0.6969; I&S $0.2901) and adopted an order calling a Voter‑Approval Tax Rate Election (VATRE); board indicated an intention to access the additional five 'golden pennies.'
At the Aug. 18 meeting the Jim Ned CISD Board approved a resolution setting the district's 2025 tax rate at $0.9870 per $100 valuation, consisting of $0.6969 for Maintenance & Operations and $0.2901 for Interest & Sinking. Trustees stated their intent to access the additional five cents commonly called the "golden pennies." The motion passed unanimously.
Following the tax-rate resolution, the board adopted an order calling a Voter‑Approval Tax Rate Election (VATRE) and made provisions for conducting and canvassing the election. Superintendent Will Brewer told the board, citing district counsel, that the order calling for the VATRE had to be voted on at this meeting. The minutes record no further details about election timing beyond the formal adoption of the order; the administration highlighted VATRE-related language and next steps.
