At 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.