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Local Topic Election Day 2023: Pearland ISD VATRE and its Impact

Local Topic Election Day 2023: Pearland ISD VATRE and its Impact

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by: TownHubAdmin Active Indicator LED Icon Site Admin  OP  New Member
~ 3 weeks, 2 days ago    
Election Day 2023: Pearland ISD VATRE and its Impact
 
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Today, Tuesday, Nov. 7, 2023 is election day! Before heading to the polls, learn more about the Pearland ISD VATRE, it’s impact on the district and taxpayers whether it passes or not, and more at www.pearlandisd.org/ VATRE?fbclid=IwAR1JG AVKoDLf2_buRL7KSckVQ _zhXYzsjYhjJeKc
 
WHAT IS A VOTER-APPROVAL TAX RATE ELECTION?
 
State law requires that school districts seek voter approval to raise their maintenance and operations tax rate above a prescribed amount. The election is referred to as a Voter-Approval Tax Rate Election (VATRE).
 
HOW DOES THE DISTRICT BENEFIT FROM THIS ELECTION?
 
Passage of the VATRE will result in a nearly $11.2 million increase in funding for the District, while still decreasing the total tax rate by 16.54 cents. The district uses these funds for teacher and staff salaries, books and classroom supplies, utilities, educational resources, custodial, insurance and other items that help educate students each day.
 
WHY CALL A VATRE?
 
There are several primary reasons Pearland ISD has called for a VATRE:
 
The additional $0.09 will generate $11.2 million in additional funds Additional funds will be used to:
 
*Retain and recruit quality teachers and staff
*Bolster campus safety measures
*Support student programs
*Sustain District financial stability
 
*The increased funding will bridge the budget deficit, cover inflationary costs, and help maintain the district’s high academic standards
 
TAX IMPACT
 
Passage of the VATRE by the voters in November will decrease the total tax rate by 16.54 cents. Approval of this tax rate will maximize school district funding by nearly $11.2 million.
 
Election Day Voting Locations:
 
Delores Fenwick Nature Center
5750 Magnolia Pkwy
 
Drainage Dist No. 4 Building
4813 W Broadway
 
New Harvest Christian Fellowship
12216 Broadway
 
Pearland Recreation Center
4141 Bailey Rd
 
Silverlake Recreation Center
2715 Southwyck Pkwy
 
Tom Reid Library
3522 Liberty Dr
 
West Pearland Community Center
2150 Countryplace Pkwy
 
Pearland Westside Library
11801 Shadow Creek Pkwy
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