Voter-Approval Tax Rate Election (VATRE) Information and Discussion Description: The Board and Administration will provide factual information regarding a potential Voter-Approval Tax Rate Election, including: The purpose and statutory requirements of a VATRE; The district's current Maintenance & Operations (M&O) and Interest & Sinking (I&S) tax rates; The proposed allocation of the district's exi

Staff Report & Agenda Item Details

4. Voter-Approval Tax Rate Election (VATRE) Information and Discussion Description: The Board and Administration will provide factual information regarding a potential Voter-Approval Tax Rate Election, including: The purpose and statutory requirements of a VATRE; The district's current Maintenance & Operations (M&O) and Interest & Sinking (I&S) tax rates; The proposed allocation of the district's existing tax rate between M&O and I&S; The potential financial impact on Levelland ISD; and Questions and discussion regarding the proposed VATRE