Editor’s Note: On Aug. 16, the Dallas ISD board of trustees voted 7-1 to put a 13-cent Tax Ratification Election (or TRE) on the Nov. 6 ballot. District 7 Trustee Audrey Pinkerton has proposed a resolution regarding the funds garnered from that property tax rate increase, should voters approve it. We asked her to explain it, and she obliged.
By Audrey Pinkerton
This Thursday, DISD trustees will vote on a resolution related to the Tax Ratification Election (TRE) on November 6. Here’s why that vote is critical to the future of the district.
By now you’ve probably been told that DISD needs more money. And you may be wondering why since your DISD property tax bill keeps going up. Unfortunately, due to the state’s convoluted school funding system, there’s a big disconnect between what you pay and what DISD gets.
At a series of community meetings in August, Superintendent Hinojosa laid out the case for a tax rate increase: without more state funding, the district won’t be able to cover its costs next year. He showed a 5-year plan to raise the tax rate now, set money aside for future cost increases (primarily to keep up with wage inflation), and borrow from those reserves starting in 2020. It’s a prudent plan that insures financial support for the district without relying on a largely unsupportive state legislature. (more…)