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Peaster ISD board adopts $1.1364 property tax rate, calls it an effective 1.23% rate
Summary
The Peaster ISD Board of Trustees voted 4-0 on Nov. 18 to set the district property tax rate at $1.1364, described in the minutes as effectively a 1.23 percent tax rate; the resolution was adopted during a brief special meeting.
Vice President Jake Bashore moved that "the property tax rate adoption be of $1.1364, which is effectively a 1.23 percent tax rate," and the board adopted the Resolution Setting Tax Rate by a 4-0 vote after a motion seconded by Secretary Justin McKinley. The motion carried with four members voting in favor and three members recorded absent.
The adoption followed certification of the voter-approval tax-rate election returns earlier in the meeting. Administrators listed in the minutes were Dr. Kendra Pittman, superintendent, and Robert Helms, chief financial officer. The special meeting lasted approximately three minutes from 5:45 p.m. to 5:48 p.m., when the board adjourned.
