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At the August 24, 2015 Called Board meeting, the Stephenville ISD Board of Trustees approved a Maintenance and Operations (M & O) tax rate that is above the maximum rate allowed without voter approval. This M & O rate must be approved by voters before it can be adopted by the school district. The Board adopted an order calling for a Tax Ratification Election (TRE) to be held on Tuesday, November 3, 2015.

THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE.

THE TAX RATE WILL EFFECTIVELY BE RAISED BY 13.00 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $130.00.

THE INTEREST AND SINKING TAX RATE IS BEING REDUCED BY 67% OR 13 CENTS.

THE OVERALL TAX RATE AT SISD WILL REMAIN THE SAME AS IT WAS IN 2014 - 2015.