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Joe’s Commentary: What is a VATRE?

posted on September 27 - 09:00 AM
By Josh - TexasISD.com
 

In previous years we held a “TRE” (Tax Ratification Election) to adopt a higher tax rate but the terminology has changed. If a district adopts a tax rate that exceeds its VATR - (Voter Approved Tax Rate) - it must hold a VATRE (election) for the voters to approve the tax rate.

The following link is TASB’s excellent guidance that outlines the procedures a school district must follow in conducting a voter-approval - tax - rate election (this will be helpful).

  • This link is an informational video from Lake Travis ISD which is holding a VATRE on November 2, 2021.
  • At this point I am informed that Pearland ISD, Victoria ISD, Junction ISD and Lake Travis ISD are holding VATRE’s and have information posted on their websites.

If you are not holding a VATRE this year, make a file and put this information in it; you will likely be holding a VATRE in the future. - js - webmaster@texasisd.com