At Thursday night’s Pflugerville ISD board meeting, trustees voted to prepare for budget considerations by starting discussions about the 2017-18 tax rate.
Trustees began this discussion by setting a cap on the tax rate, without actually setting an exact rate. The board members voted to cap the maintenance and operations tax rate at $1.04 and the sinking and interest rate—which pays back debt from bonds—at $0.50 for a combined maximum of $1.54 per $100 valuation. This is the same as the tax rate set for the 2016-17 fiscal year.
At a future August budget meeting, the trustees will set the exact rate, but it will not exceed $1.54.