Lower Tax Rate.
More $ For Schools.
Your Vote.
u School funding formula has remained mostly unchanged since 2006
u Keller ISD ranks in the bottom 20% in Texas in per student funding
State of
School
Funding
t
Texas School Tax Rates Composed of Two Parts
Current Tax Rate
Maintenance
& Operations
$1.52
Per $100 Property Valuation
M&O $1.04
$.48
I&S
Interest
& Sinking
(Debt Service)
Unused M&O funds can be used to supplement I&S funds to pay down debt
I&S funds cannot be used to pay for M&O expenses (programs, salaries, operating costs, etc.)
SWAP $0.13 from I&S to M&O with Tax Ratification Election
DROP I&S Rate Extra $0.01 for Overall Tax Rate Reduction
Tax Rate After TRE
$1.51
Per $100 Property Valuation
M&O $1.17
$.34
I&S
$19 Million
Net Additional Revenue for KISD Schools
Your Tax Rate q
For More Information, Visit KellerISD.net/SwapDrop
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