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VISD to adopt tax rate, budget

By Carolina Astrain
Aug. 26, 2013 at 3:26 a.m.


IF YOU GO

WHAT: VISD Board Special Meeting

WHEN: 6 p.m. Tuesday

WHERE: 102 Profit Drive

The Victoria school board is expected to adopt its 2013-14 budget and tax rate at a special meeting Tuesday evening.

The current tax rate is $1.30 per $100 assessed value, and the proposed rate is $1.28 per $100 per assessed value.

The owner of a $100,000 home will pay about $1,280 in taxes, about $20 less than last year.

The proposed budget shows $107,468,189 in revenue, an increase of $6.8 million.

The proposed expenses are $106,450,544, a $5.3 million increase.

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