Written by Andrielle Figueroa Friday, 11 April 2014 11:03
The tax rate at Mission CISD might be raised anywhere from 5.5 and 13 cents to help make ends meet as the district faces a $3.2 million shortfall this current fiscal year.
Committee members discussed the shortfall and possible tax increase during a recent finance committee meeting when budget personnel estimated an even bigger shortfall next year if the tax rate is not increased.
In 2011, voters approved a tax ratification election that did not change the overall tax rate, but bumped up the district’s maintenance and operations tax rate from $1.04 to $1.17 and lowered the district’s debt service rate by 13 cents. Before and after the tax ratification election, the overall tax rate remained the same at $1.30.