Clear Creek ISD is considering both a bond election and a tax rate election in November and is holding a series of public meetings to hear residents’ feedback.
At the meetings, district leaders will break down three bond proposal options, and detail a proposed tax rate election to address a $17.4 million gap in the district’s budget following the failure of the Texas legislature to increase the basic amount of funds alloted to districts per student, according to Elaina Polsen, chief communications officer for CCISD.
“We have seen significant financial impact,” Polsen said.
The State of Texas requires public school districts to lower the maintenance and operations tax rate as property values increase, and implemenation of any rate higher than the voter-approval tax rate requires an election. The separate interest and sinking tax rate (I&S…
