Mount Vernon Optic-Herald

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May 25th
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School board holds line on proposed tax rate

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The Board of Trustees for Mount Vernon ISD voted unanimously to hold the line on the tax rate and keep it at $.99024 during their regular monthly meeting on Monday, Aug. 9. This is the fourth year in a row that the board has maintained this tax rate.
An additional tax of $.1865 will be required to meet the obligation for repayment of the $20.5 million bond. This rate isĀ  slightly higher than last year due to property values falling a little over $50.6 million. See the Aug. 12 edition of the Mount Vernon Optic-Herald for more details from the school board meeting.

 

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