Tuesday, August 21, 2012 at 1:34 pm (Updated: August 21, 9:18 pm)
The Elizabethtown Independent Schools board voted Monday night to raise its annual tax rate at its monthly meeting.
The board voted unanimously to raise the rate on real and personal property to 67 cents per $100. Last year’s tax rate was 65 cents per $100 of property.
The new rate gives the district a 4 percent increase in revenue from the previous year, and was the maximum rate the board could set for the year. The rate will give the district about $5.6 million in revenue, an increase of almost $167,500 from last year.
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