Dallas ISD's Board of Trustees voted Thursday to OK the purchase of 9400 N. Central Expressway. (Photo: Bethany Erickson)

Dallas ISD’s Board of Trustees voted Thursday to OK the purchase of 9400 N. Central Expressway. (Photo: Bethany Erickson)

As you’ve probably read by now, the Dallas Independent School District’s Board of Trustees voted 5-3 last night to purchase the building at 9400 N. Central Expressway in a bid to consolidate the district’s various departments that are currently spread all over Dallas County.

We can debate the merits of having a building where hundreds of employees will be able to work under one roof for the first time in probably more than 50 years, but that was done for quite some time last night.

Instead, I’d like to talk about something else that came to light (actually, I’ve heard the confusion from many a homeowner about this time every year, too) at this meeting — folks don’t know there’s a difference between the appraisal value Dallas County Appraisal District uses for taxation, and a fair market value appraisal. (more…)