Judson ISD officials will be seeking a voter-approved property tax rate to address a $37 million budget shortfall in November.
On Aug. 6 , the Judson ISD board of trustees discussed calling a voter-approval tax rate election, or VATRE. The board consensus was to set the fiscal year 2025-26 district tax rate at $1.1196 per $100 valuation, an increase from the FY 2024-25 rate of $1.0346.
The board looks to call for a VATRE at its Aug. 18 meeting.
How we got here
According to a presentation from Tony Kingman, the district’s new chief financial officer, the district is calling for a VATRE to deal with budget deficits, inflationary pressures and a lack of state funding.
On June 26 , the board approved a FY 2025-26 financial budget with $234.16 million in total revenues and $271.38 mill