Newly Adopted Tax Rate and 2012-2013 Budget

Filed under: Duncanville ISD,Schools |

The Duncanville ISD Board of Trustees adopted the 2012/2013 district budget and set the corresponding tax rate in a specially-called board meeting on August 27, 2012.

Chief Financial and Operations Officer Ronald Kuehler made a budget presentation during the public hearing, and explained that the Interest & Sinking (Debt Service) portion of the tax rate will increase slightly, from $.378 to $.390, due to an increase in the annual Debt Service payment.  However, most residents will actually see a drop in this year’s school taxes because of an overall decrease in the average taxable value of homes in the area.

This could mean an estimated drop of more than $30 in annual property taxes for the average property owner.

The 2012-2013 budget totals $87.4 million dollars, and includes a 3 percent of midpoint staff pay raise approved by the Board last spring.

Click here to view the presentation.