The Celina ISD board of trustees approved calling a voter-approval tax rate election, or VATRE, for Nov. 5 during an Aug. 19 school board meeting. A VATRE is used when a district needs to increase its tax rate above a certain threshold, which voters must then consider in an election.
Breaking it down
The district’s total tax rate would be $1.2358 per $100 valuation, if approved by voters. This is broken down between $0.7869 for maintenance and operations and $0.4489 for debt payments.
Maintenance and operations, also known as M&O, funds payroll and other operational costs.
Early voting begins Oct. 21.
