TAX RATE ELECTION RESULTS
Monday, September 15, 2012
(Houston, TX) In the September 15, 2012 Tax Rate Election (TRE), voters in Galena Park Independent School District voted to ratify the Board's proposal to shift $0.0599 from the Interest and Sinking (I & S) tax rate to the Maintenance and Operations (M&O) tax rate. The total overall tax rate remains the same.
However, by changing the M&O tax rate, GPISD will have access to approximately $5.4 million in additional revenues.
The unofficial* election results are as follows:
*The election results will be official once the Board of Trustees canvasses the results at a special board meeting to be held on September 26, 2012.
Jonathan Frey | Interim Director of Communications | firstname.lastname@example.org | 832.386.1231
Story Credits: Jonathan Frey