GPISD Board of Trustees Sets Lower Tax Rate for 2020-2021

9Kw5gdBe_400x400At a called meeting on August 27, 2020, the GPISD Board of Trustees voted to set the tax for 2020-2021 at $1.5097 per $100 of valuation. This is a decrease of nearly $0.03 from last year ($0.02865).

The overall tax rate is made up of two parts:

  • $1.0547 for the purpose of maintenance and operations
  • $0.4550 for the purpose of payment of principal and interest on debts

Including this year’s tax rate decrease, the GPISD Board of Trustees has lowered the tax rate by just over eight and a half cents over a two-year period.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s