EL PASO, Texas (KTSM) -- Voters in two school districts in El Paso County are being asked to approve a tax rate increase during the election on Tuesday, Nov. 4.

Voters in the Socorro Independent School District, one of El Paso's largest districts, are being asked to approve an ad valorem tax rate of $1.0589 per $100 of valuation.

While the ballot initiative labels it as a tax increase, district officials said it is a "penny swap" within the existing tax rate and will not raise taxes.

As previously reported, the district will be increasing the tax rate for maintenance and operations by $0.12 but reducing the portion of the property tax that goes toward interest and the sinking rate by the same amount.

District officials said there will be no financial impact to property owners within th

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