The Kennedale ISD Board of Trustees will hold their regular monthly meeting tonight, August 23 beginning at 7 p.m. This meeting will include a public meeting to discuss the 2018-19 proposed tax rate and budget.? {{more: read …}}
The meeting will at the Kennedale High School Media Center at 901 Wildcat Way in Kennedale. The public is invited and encouraged to attend but reserves the right to adjourn into closed session as needed and as authorized by the Texas Open Meetings Act, Texas Government Code Section 551.001.
Action agenda items include …
- Adoption of the 2017-18 amended budget
- Discuss and adoption of 2018-19 budget
- Discuss and adopt the 2018 tax rate
Reports include …
- Preliminary report on Kennedale ISD from the Financial Integrity Rating System of Texas (FIRST)
- Campus principal reports
- Mandatory drug testing program results
- District Accountabilty and District Report Card
Tax rate information …The proposed
rate is down almost 3 cents from last year?s rate of $1.48000 to this year?s
proposed rate of $1.451694 but valuations still continue to climb.
The taxes on an average residence ($214,051) will increase by approximately $184.86, most of that due to the increase in valuations. Last year?s average taxable value of residences was $153,136.00 and this year the value is $168,856.
Most of therevenue per student for the new school year will come from local property while
the state share of revenue drops once again, this time by $276 per student.
Note: Under
state law, the dollar amount of school taxes imposed on residence homestead of
a person 65 years of age or older or of the surviving spouse of such a person,
if the surviving spouse was 55 years of age or older when the person died, may
not be increased above the amount paid in the first year after the person turned
65, regardless of changes in tax rate or property value.
See official notice? Proposed tax rate and school budget?Summary: Proposed Budget
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