Tarrant County voters continue to support CISD's proposed tax rate, with 3,887 voters voting in favor with voting 2,663 against. The proposal currently sits at 59.34% support with 40.66% voting against the measure, according to unofficial election results from Tarrant County.
Posted 7:23 p.m. Nov. 4
Early Tarrant County election results show that Carroll ISD’s tax rate election currently has 3,687 votes in favor, with 2,480 votes in against.
In a nutshell
CISD announced the tax rate election at an August board meeting. If the measure passes, the district’s maintenance and operations tax rate, which funds the district’s daily operations such as staff salaries and utilities, would increase by about $0.02 per $100 of assessed property value.
The tax rate election would also reduce the interest and sinking tax rate, which the district uses to pay off debt, by about $0.05, resulting in a net tax cut of roughly $0.03 per $100 valuation for CISD residents.
The new interest and sinking rate go from $0.2948 down to $0.2441, while the maintenance and operations rate would rise from $0.6669 up to $.6853.
The total tax rate, if the measure passes, would be $0.9294 per $100, down from $0.9617 per $100. The revenue would allow CISD to pay a staff stipend, and help close the district’s projected $4 million deficit.
About 111,000 people voted early in Tarrant County, roughly 9% of the county’s 1.2 million registered voters, according to data from the county elections office.
What’s next?
Community Impact will update this article as more election day vote totals are released. All results are unofficial until canvassed.
Visit communityimpact.com/voter-guide/election-results to see results from all local and state elections in your community.
