The election will allow the school district to increase the Maintenance and Operations tax rate from $1.06 to the maximum allowed rate of $1.17.
But overall, the total district tax rate will be reduced from the 2012 rate of $1.43984 to a rate of $1.36, a reduction of almost 6 percent.
The reduction and increase to the M&O rates is possible because the school board is able to lower the Interest and Sinking portion of the tax rate from $0.3735 to $0.19.
The school district tax base has almost doubled in the last year helping to make this reduction a reality. Most of the increase in tax base can be attributed to the development of the new SouthCross facilities in the Bonnie View Community.
This past year, SouthCross facilities made up about 15 percent of the district’s tax base.
The increased tax base will move the Woodsboro school district from a relatively poor school district to a relatively wealthy school district within a three-year transition period.
This means that the state's share of education dollars will be reduced from 70 percent to about 17 percent. The Woodsboro school district share will increase from 30 percent to 83 percent with little increase in available funds.
The $1.17 M&O rate will allow the school district to maximize state and local funds during the 2013-14 school year.
With the additional funds, the school board proposes to improve facilities and curriculum offerings. In addition, all staff members will receive a supplement to their pay.
Texas teachers have not had an increase in their salary schedule for more than six years.
TRE Informational meetings are planned for the following dates and locations:
Monday, Aug. 12: Bayside Community Building at 7 p.m.
Tuesday, Aug. 13: Woodsboro Junior and Senior High School (in conjunction with parent meeting) at 6:30 p.m.
Monday, Aug. 26: Woodsboro Eagle Dome at 7 p.m.
Tuesday, Aug. 27: Woodsboro Elementary School Cafeteria (In conjunction with WES Open House) at 6:30 p.m.
Early voting will be from Wednesday, Aug. 28, through Tuesday, Sept. 10, at the Refugio County Elections Administration Office at 414 N. Alamo St. in Refugio.
Election Day is Saturday, Sept. 14, at the Woodsboro Administration Building and the Bayside Community Center.