Budget & Proposed Tax Rate meeting for Trinity ISD

NOTICE OF PUBLIC MEETING TO DISCUSS
BUDGET AND PROPOSED TAX RATE

The Trinity ISD will hold a public meeting at 5:30 PM 08/27/2018 in Trinity ISD Board Room Trinity, TX. The purpose of this meeting is to discuss the school district’s budget that will determine the tax rate that will be adopted. Public participation in the discussion is invited.

The tax rate that is ultimately adopted at this meeting or at a separate meeting at a later date may not exceed the proposed rate shown below unless the district publishes a revised notice containing the same information and comparisons set out below and holds another public meeting to discuss the revised notice.

Maintenance Tax                                                                 $1.170000 /$ 100 (Proposed rate for maintenance and operations)

School Debt Service Tax Approved by Local Voters      $0.120000 /$100 (Proposed rate to pay bonded indebtedness)

The applicable percentage increase or decrease (or difference) in the amount budgeted in the preceding fiscal year and the amount budgeted for the fiscal year that begins during the current tax year is indicated for each of the following expenditure categories:

Maintenance and operations               7.000000% (increase) or                % (decrease)

Debt service                                             0.020000% (increase) or                % (decrease)

Total expenditures                                 7.020000% (increase) or                  % (decrease)

 

 

Bonded Indebtedness

Total amount of outstanding and unpaid bonded indebtedness:                                 $14,355,000

* Outstanding principal