Aransas County Independent School District (ACISD) trustees approved the 2020-21 budget and set the 2020 tax rate in a special meeting Thursday, Aug. 27.
The board unanimously approved both items after conducting a 10 minute public hearing regarding the budget.
ACISD Trustee Cindy Robbins was not present for the meeting.
Two questions were asked during the 10-minute period via Zoom, however nothing was changed in the budget or tax rate.
The new tax rate is $0.9803 per $100 valuation, which is lower than last year’s $1.03 rate.
The new tax rate consists of a Maintenance and Operations rate of $0.9301, and an Interest and Sinking rate of $0.0502.
The new rate does not exceed the no-new revenue tax rate.
A big reason the new rate is reduced from last year is due to the ACISD paying off bonds for the construction of Rockport-Fulton Middle School.