School board lowers tax rate
Salado ISD Trustees adopted a $14 million operating budget following a public hearing on the matter Aug. 31 and dropped the tax rate from $1.26 per $100 valuation to $1.2238 per $100 valuation.
Salado ISD Trustees adopted a $14 million operating budget following a public hearing on the matter Aug. 31 and dropped the tax rate from $1.26 per $100 valuation to $1.2238 per $100 valuation.
Salado ISD Trustees have proposed cutting the tax rate by more than five cents from the current $1.2755 to $1.2238 for the 2016-17 school year, counting on student enrollment growth of just over eight percent, and growth in the property values.
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