Dripping Springs to hold public meeting on tax rate

A public meeting to discuss the Dripping Springs ISD 2018-19 budget and proposed tax rate will be held at the June 25 Board of Trustees meeting. The budget and tax rate public meeting will be the first item on the agenda, beginning at 6:00 p.m. DSISD Board meetings are held in the Board Room at the Administration Building, 510 W. Mercer St.

A complete overview of the proposed budget previously was shared with the Board at a budget workshop in May.  An overview is available on the Dripping Springs ISD website (www.dsisdtx.us/budget). The fiscal year begins July 1, 2018. 

The proposed tax rate is the same as the current rate, which is $1.17 per $100 property value for Maintenance and Operations and $.35 per $100 valuation for Debt Service. The total tax rate is $1.52 per $100 property value. This tax rate has not changed since 2014.

DSISD student enrollment this year is approximately 6,500 students, and increase of more than 8 percent from 2016-17. Growth is projected to continue at a pace of seven percent for the 2018-19 school year.

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