VISD to adopt tax rate, budget
Aug. 26, 2013 at 8:26 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.