Property Tax Rate Adopted, Outstanding Bonds Redeemed
The Board adopted the 2018-19 property tax rate as unchanged with the tax rate of $1.20. The total tax rate of $1.20 includes $1.06 for General Fund (Maintenance and Operations) and $0.14 for Debt Service (Interest and Sinking).
Trustees also approved taking action to redeem some of the District's outstanding bonds. Since 2013, the District has redeemed more than $16 million of its existing debt, saving more than $10 million in avoided interest payments.