Voters in Royse City ISD approved a 13-cent increase in the district tax rate this week. The increase was approved more than 2-to-1.
The tax rate will increase from $1.43 to $1.56 per $100 of assessed value. Annual taxes for a $132,396 residence, the 2009 average in Royse City ISD, will rise from $1,893.26 to $2,065.38 – an increase of $172.12.
The increase added 13-cents to the district’s maintenance and operations tax rate, the maximum allowed under a 2006 school finance law. The district’s debt service rate remained the same.
Royse City ISD spokeswoman Jo Nell Mellody said the tax increase allowed the district to avoid making painful cuts.
“We have great schools, great programs already,” she said. “We’d be facing cuts if the tax rate hadn’t passed.”
The district was facing a $1 million budget deficit without the increase and would have had to dip into its $5.5 million reserve fund.
This year’s budget includes step raises for teachers, though administration staff salaries remained the same.
–Emily Fox/News Assistant