Board Trustee Lupe Costilla was absent for the vote.
San Marcos Consolidated Independent School District’s Board of Trustees discussed the setting of the 2017 tax rate Monday, Aug. 21.
In May, residents of San Marcos voted for $107.3-million-dollar bond; SMCISD officials stated the bond would be able to be issued without an increase in the tax rate.
During Monday’s meeting, the board approved a tax rate of 1.4141 cents per $100 of property value for 2017-2018. Trustee Lupe Costilla was absent for the vote.
According to Karen Griffith, assistant superintendent of business and support services, while the school district will not raise the tax rate, it will still see a 6.4 percent increase in revenue from higher property values.
The Board voted to approve the 2017 tax rate with a 5-1 vote. Board Trustee John McGlothlin did not vote in favor.
McGlothlin said he was opposed to the rate because he felt the property debt could be decreased slightly to return more money to the property owners, and the board was not doing it.
The district’s tax rolls from Hays, Caldwell and Guadalupe county was approved by the board as well.
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