Bluegrass

FISD lowers tax rate

by | Jul 27, 2017 | Latest

Farmersville ISD has voted to not increase their tax rate this year. Courtesy photo.

Those who pay school taxes in Farmersville will see a reduction in the tax rate this year after FISD adopted a proposed lower tax rate.

The school board adopted a 5 cent reduction at their Monday, July 24 school board meeting. The tax decrease is found on the debt side or Interest and Sinking Fund.

The proposed tax rate is a total of $1.34 per $100 valuation – $1.17 for Maintenance and Operations and 17 cents for Interest and Sinking.

By Wyndi Veigel • News Editor • [email protected]

For the full story see the July 27 edition or subscribe online.

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