The Austin ISD board of trustees approved a $1.1920 per $100 of valuation tax rate for the district's 2016-17 fiscal year at its Aug. 29 meeting. Trustees unanimously approved the new rate, which was effective immediately after the vote. Here are three takeaways from the vote:
- The new rate is a $0.03 decrease from the FY 2015-16 tax rate, which was $1.220 per $100 of valuation.
- This is the third consecutive tax rate decrease for the district.
- Although the tax rate was approved this week, the budget was approved in June.
For more information about Austin ISD's budget and tax rate, go to www.austinisd.org/budget.
Other notes from the AISD board of trustees meeting today:
- The board honored the memories of former Trustee Diana Castañeda, longtime teacher Frankie A. Brown and former coach Nikki Vohl by approving proclamations.
- AISD Superintendent Paul Cruz detailed the multiple schools he visited during the first days of school on Aug. 22-23, playing the school year 2016-17 convocation video during the meeting.
- Cruz also reiterated that AISD achieved an all-time graduation rate record in 2015-16.