by Nicole Bradford
The Alvin ISD Board of Trustees on September 10 approved a school tax rate of $1.17 per $100 of taxable value.
The new rate is just over two cents lower than the past year’s tax rate. The board in June approved a $366.6 million operating budget.
The state sets the maintenance and operations tax rate for public school districts, and the local school board determines the interest and sinking portion of the rate, which is used to pay off debt.
With about 60 actively building subdivisions and enrollment topping 30,000, Alvin ISD is holding a bond election on November 5 to address approximately $380 million in future facility needs, including land purchases and constructing three new campuses. Funds will also be used to pay for security vestibules at 25 campuses, monitoring equipment, and backup generators.
For more on the district’s budget and tax rate, visit alvinisd.net. For details on the bond election or projects, visit alvinisd.net/Bond2024
