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Eagle Ford: No tax increase for Stockdale ISD
STOCKDALE -- The Stockdale Independent School District (ISD) board of trustees will maintain its current property-tax rate. This action was taken during an Aug. 26 special called meeting and public hearing.
According to Stockdale ISD Superintendent Paul Darilek after the meeting, no comments were given during the public hearing held to discuss the district’s proposed tax rate of $1.34 per $100 of valuation.
The rate comprises $1.04 for maintenance and operations and 30 cents for debt service. The district’s outstanding principal on bond indebtedness totals $9,575,000. This includes the $3.25 million bond issue voters approved in November 2010 for the junior high/high school cafeteria and vocational ag-science buildings and the $5.5 million bonds approved for the high school in 2006.
Last year, the average taxable value of a residence in the district was $83,128, with a tax bill of $1,113.91. This year, the average taxable value is $82,160. At the approved rate, the taxes will be approximately $1,100.94.
The proposed state revenue per student for this year is $6,309, an increase of $222 from last year, according to information provided by the district.
Also during the special called meeting, the board heard a Texas Association of Public Schools property insurance presentation from Frank Pruski. Darilek said the district will add insurance coverage for school buses, since these costs were previously included in the fee charged by Student Transportation Services -- the former transportation provider for the district. Darilek estimates this will cost the district approximately $7,000 annually.
The board also was informed that the school district received a “superior rating” in the school’s Financial Integrity Rating System of Texas (FIRST). No one, other than the trustees and school personnel, was present for the public hearing following this report.
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