AUSTIN (KXAN) -- On Monday, the Austin Independent School District Board of Trustees approved a voter-authorized tax rate election (VATRE) to help reduce the district's multi-million dollar deficit going into the 2024-25 school year. According to Austin ISD, the district has a $119 million deficit. The district estimates that if voters approve the tax rate increase, the shortfall will be reduced to $78 million before budget cuts. The money, according to district officials, would be used to increase salaries for teachers and staff. Several trustees pointed to the Texas legislature's failure to raise the basic allotment, the base amount of money the state gives districts per student
Hence then, the article about facing budget deficit austin isd board approves tax rate election was published today ( ) and is available onKXAN ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Facing budget deficit, Austin ISD board approves tax rate election )