The Dublin ISD School Board approved a lower tax rate during the regular meeting Monday night.
The new rate was compressed due to the rise in appraised values throughout the district so even though the tax collections may be higher on some properties, it’s due to the rise in appraised values from the county.
The approved rate was approved at $1.1150 per $100 valuation ($.9603 from M&O, $.1547 from I&S). This compares to last year’s rate of $1.19743.
The board also approved the 2021-2022 budget and a resolution granting an additional five days of sick leave for those who test positive for COVID.
Business Manager Kassi Eads was commended in preparing the budget and in her work which helped the school get an ‘A’ Superior rating in its Financial Integrity Rating System of Texas (FIRST) score.
Eads said the budgeting process was aided greatly by the school acquiring its ESSER grant which will provide funds for things like replacing old A/C units and paving behind the secondary school.
The Board also unanimously approved amendments to the 2020- 21 budget for unexpected expenses such as $145,000 in electrical expenses from Winter Storm Uri.
Tax attorney Robert Meyers was also present to address delinquent tax collections for the district.
Meyers reported that Dublin ISD has collected better than 100 percent in taxes every year for the last four years when delinquent taxes are included. Collections were at 100.3% for the past year.
He added that $108,000 of the $140,000 in delinquent taxes reported July 2020 had been recovered for Dublin ISD.