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Rockdale ISD board adopts $1.0691 tax rate, citing district financing plans
Summary
Trustees voted 7‑0 to adopt a property tax rate of $1.0691 — an effective 4.28% increase — after a preliminary tax analysis and cash‑defeasance discussion with the district's financial advisor.
The Rockdale ISD Board of Trustees voted unanimously on Sept. 15 to adopt a property tax rate of $1.0691, which the minutes record as "effectively a 4.28 percent increase in the tax rate." Trustee Julia Cardona moved the measure and Trustee Janice Keen seconded; the motion carried 7 for, 0 against.
Earlier in the meeting Lewis Wilks of U.S. Capital Advisors presented a preliminary tax rate analysis and discussed cash‑defeasance strategies the district could use to reduce debt. No alternative rate or a publicized impact analysis on taxpayer bills was recorded in the minutes; the board approved the rate as part of regular business that evening.
