The Denison Independent School District’s board of trustees will hold a pair of meetings on Tuesday to consider the adoption of an official tax rate and budget for the coming fiscal year.
The board is expected to decide on a $50.95 million budget for the 2017-2018 school year and a $1.49 tax rate applicable to every $100 of taxable property value. Under the tax rate, $1.17 would be reserved for the district’s maintenance and operations and the remaining 32 cents would be reserved for interest and sinking or debt service.
The special meeting begins at 6:15 p.m. and will serve as a public hearing on the budget and tax rate. The regular meeting begins at 6:30 p.m. Both meetings will be held in the board room of the district’s administration building, located at 1201 South Rusk Avenue. For additional information, call 903-462-7000.