Voter Approval Tax Ratification Election
- The tax rate will not increase. The tax rate will remain at $1.1130 per $100 property valuation.
- The VATRE will generate approximately $2.7 million in additional state and local funding for instruction and compensation.
- Election Day is November 7, 2023.
Tax Rate Trend
Mission CISD has reduced its tax rate by 0.2372 cents over the past six years, demonstrating its commitment to fiscal efficiency.
Frequently Asked Questions (FAQs)
Q1: Will this VATRE increase my property tax rate? A1: No, the VATRE will not increase your property tax rate. Its purpose is to reallocate existing revenue to support the district's financial needs.
Q2: How will this VATRE benefit Mission CISD? A2: This VATRE allows us to generate approximately $2.7 million in additional state and local funding without raising the current tax rate.
Q3: What is the tax impact for individuals aged 65 and older in a VATRE? A3: Passage of the VATRE will not cause an increase in property taxes for Homeowners 65 and over or disabled who have applied for and received the Over 65 Homestead Exemption.
Q4: Has the district raised taxes in recent years? A4: No, the Mission CISD Board of Trustees has reduced the tax rate by 0.2372 cents over the past six years.
Q5: How can I participate in the VATRE? A5: You can vote in the VATRE on November 7, 2023.
Dates: October 23, 2023 - October 28, 2023 (7:00 am - 7:00 pm)
Dates: October 29, 2023 (10:00 am - 4:00 pm) and October 30, 2023 - November 3, 2023 (7:00 am - 7:00 pm)
Voter Approval Tax Ratification Election Information
For accurate information regarding the VATRE or to request a factual presentation for your organization or group, please contact us at (956) 323-5515.