Aldine ISD Board lowers tax rate by 33 cents

During the Oct. 16 Board of Education meeting, Aldine ISD Trustees unanimously approved setting the 2007-08 tax rate at $1.277 (0.14362 for the interest and sinking and $1.13338 for maintenance and operation) per $100 valuation. The new rate, recommended by Assistant Superintendent of Finance Dr. Keith Clark, represents a 33-cent decrease from the 2006-07 tax rate.
“For all of you in Aldine who have been hearing about tax increases, I’m sure you are pleased to know we have a decrease rather than an increase,” said Board President Marine Jones. Jones’ statement was well received by those in the audience who voiced their approval with a sustained round of applause.
The tax rate will allow the district to maintain and oversee the public schools in Aldine ISD, to pay outstanding bonds in the succeeding year and provide for other lawful purposes.
Proper notification of the new rate was posted and advertised a newspaper and at every Aldine ISD school and support facility.