Celina ISD requested tax rate elections this fall

Celina ISD voters will be asked to set the district's tax rate for the 2024-25 fiscal year.

The Celina ISD Board of Trustees approved the call a voter approval tax rate electionor VATRE, for Nov. 5 during an Aug. 19 school board meeting. A VATRE is used when a district must raise its tax rate above a certain threshold, which voters must then consider in an election.

Breaking it down

Of the district total tax rate it would be $1.2358 per $100 valuation, if approved by voters. This is split between $0.7869 for maintenance and operations and $0.4489 for debt payments.

Maintenance and operations, also known as M&O, payroll funds and other operating costs.

Early voting STARTS October 21.