McKinney ISD discusses 3 cent tax rate decrease, addition of 2 Security Resource Officers, and increased teacher pay

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MISD estimates a seven percent budget increase, or approximately $11 million, for the 2018-19 school year based on an estimated seven percent property value increase. However, due to the rising property values, the district proposes to decrease the 2018-19 tax rate by $0.03. This would bring the tax rate to $1.59 per $100 property valuation as compared to $1.62 per $100 property valuation paid during the 2017-18 year.

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