Italy ISD Tax Rollback Election — Why are we voting for 13 cents?
TRE facts and figures — The tax rate increase from $1.04 to $1.17 will still be 33 cents lower than tax rates three years ago. The pamphlet says that for $102,718 in local taxes raised, “an additional $378,782 in STATE revenue” is received. If the rollback fails, the "tax rate will revert to $1.04 and Italy ISD will leave approximately $481,500 on the table each year at TEA. Maintenance and Operations needs, technology enhancements, competitive teacher salaries, and facilities and transportation improvements would be met by the increased funds. (Italy Independent School District)
