Ballot Information
The ballot for the Tax Ratification Election is shown below and its wording is prescribed by law.
The ballot reads:
“Approving the ad valorem tax rate of $1.3649 per $100 valuation in Stephenville
Independent School District for the current year, a rate that is $.13 higher per $100
valuation than the school district rollback tax rate. If approved, the Board of Trustees will tax at a rate
no higher than $1.2349."
Why does the ballot show a tax rate of $1.3649 when everything else says the tax rate will
remain at $1.2349?
We are required by law to word the ballot as it reads above. The ballot shows a total tax rate of
$1.3649, which is an increase of $.13 in the Maintenance and Operations (M & O) tax rate.
The Board of Trustees adopted an ordinance at the August 24, 2015 Called Board
Meeting that should the TRE pass, the Interest and Sinking (I & S) tax rate will be lowered by
$.13 to offset the increase in the M & O rate. This shift will keep the tax rate at $1.2349 for the
2015-2016 school year.
