The North Zulch ISD Board of Trustees has called for a Tax Ratification Election (TRE) to take place on July 16, which would require a restructuring of the tax rate if passed but would not actually increase the taxes.
After the proposed restructuring, the rate for 2018-19 would actually be lower than that of 2017-18. The current rate sits at $1.3268, and the proposal would drop that to $1.27. During the 2017-18 school year, the Maintenance and Operations (M&O) tax was $1.04 with the Interest and Sinking (I&S) tax at $0.2868. The restructure would raise the M&O tax for 2018-19 to $1.10, an increase of six cents, but lower the I&S category to $0.17. If passed, the total savings from 2017 to 2019 would be over nine cents.
A TRE is a special election asking the voters to approve an increase to the district’s M&O tax rate. School districts are funded through different sources: local tax dollars, state funding and federal funding. Local taxes go to two different funds, M&O or I&S. The M&O fund pays for the everyday operations of the district, which include books, student resources, salaries and building maintenance. The I&S pays for new facilities for the district. If the proposal were to pass, the state would increase the district’s funding by $20,000.
North Zulch listed what they would touch on if the proposal is passed next month: increase and maintain safety in the district, retain current teachers at NZISD, recruit highly qualified new teachers to NZISD and build upon standards in preparing their students for the post-secondary school path, which would include Dual Credit and Career and Technology Education Certifications.
School Tax on citizens 65 years of age or older are frozen and will not increase based on TRE results.
The Tax Ratification Election will be held on July 16 at North Zulch Elementary School, located at 11390 Fifth Street in North Zulch. Early voting begins on June 29 and will continue until July 12.
NZISD will hold two informational meetings for the community before the election. The first will take place on July 1 at 5 p.m. at the First Baptist Church in North Zulch and the second on July 9 at 6 p.m. in the school cafeteria.