ALTON – The Alton City Commission has unanimously approved a resolution supporting the efforts of Mission CISD (Consolidated Independent School District) to address funding shortfalls through a Tax Ratification Election. The commissioners approved the resolution supporting passage of the tax option during their meeting of August 23.
The Mission CISD Board of Trustees made adjustments to the district's property tax rates; decreasing the Interest and Sinking rate by 13-cents and increasing the Maintenance and Operations rate by 13-cents. The combined tax rate paid by taxpayers remains unchanged at $1.30 per $100 of property valuation. State law requires the election since the Maintenance and Operations rate is now above a state cap of $1.04.
District officials say the tax adjustments will trigger additional state funding of over $7 million for the 2011-2012 fiscal year and over $7 million in the 2012-2013 school year. Officials say the district faces a reduction in revenues of about $8.1 million for the 2011-2012 school year and $3.3 million the following year if the tax adjustment is not approved by district voters.
Election Day for the Mission CISD Tax Ratification Election is Saturday, September 17, 2011. Early voting runs August 31-September 13.
The locations for early voting are: Alton Memorial Junior High School (521 S. Los Ebanos Blvd., Alton) and Veterans Memorial High School (700 E. Two Mile Rd.) from 9:00 a.m.-6:00 p.m., Monday-Friday.