CISD approves tax rate, budget

On Thursday, Aug. 29, the Cuero ISD board of trustees approved the 2019-2020 budget and tax rate as presented. The Maintenance & Operations (M&O) was set at $0.97 per $100 valuation, down 15 cents from last year, while the Interest & Sinking (I&S) tax rate dropped from $0.50 to $0.42663. The total tax rate for 2019-2020 is $1.3963, down from $1.61 last year and $1.50 two years ago.

This year’s total budget was approved at $19,685,000, compared to $19,030,000 last year.

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