Election Day: May 6, 2023
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If additional bond funds become available through construction cost savings, they will be used to reconfigure and expand the seating and press boxes at the JHS baseball and softball fields.
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*This rate will actually be lowered again after the bond election in accordance with State law.
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How will this affect my taxes?
The cost will continue to be $69.09 per month on a $100K home. This amount includes the homestead exemption.
Please call (940) 567-6301 for more information about homestead exemptions.
Maintenance & Operation Taxes (M&O)
Used to pay for the day-to-day costs of running the district, including salaries , utilities, supplies, and insurance
Interest and Sinking Taxes (I&S)
Used to pay for the principal and interest on voter-approved bonds for a specific purpose and term. By law, I&S funds cannot be used to pay M&O expenses. Voter approved bonds cannot be used to increase teacher salaries or pay rising costs for utilities and services. Voter-approved bonds can be used for renovations, repairs and expansions to existing facilities eliminating the pressure on the M&O budget.
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