To address a projected $15 million shortfall in the fiscal year 2025-26 budget, Denton ISD officials have called a voter-approval tax rate election that will appear on the Nov. 4 ballot.

If approved, the tax rate increase is expected to generate around $26.91 million in new revenue for the district, which would result in a projected surplus of more than $11 million .

With the additional funding, district officials plan to earmark funds to support costs associated with instruction, district operations, general administration and other services. DISD would also likely pay about $3.5 million to the state in the form of recapture payments.

“When you take away the deficit that we currently have with the new money, that would leave us in this current year and future years with $11.6

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