Take a look at this:
The chart shows EPISD’s property tax rates for last year along with the rate they are considering for next year.
The end result is that they are considering lowering the combined tax rate from $1.31 per hundred dollars of property valuation to $1.2684 per hundred.
They are lowering the operations and maintenance rate while increasing the interest and sinking fund rate. Remember that we allowed them to take ten cents away from the interest and sinking fund rate and add it to the operations and maintenance rate. The effect of the change was to increase the amount that the state gives the district.
That is the other part of the news. You can see that last year the state gave the district $5,554 per student while next year they are projecting $6,686 from the state.
This is better