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Cy-Fair ISD's board of trustees called for a 12-cent voter-approval tax rate election, or VATRE, and a four-proposition bond election during the Aug. 10 meeting in a 6-1 vote, with trustee Christine Kalmbach opposed.
The big picture: The district first discussed the 12-cent maintenance and operations, or M&O, tax increase in April as an option to address the district's per-student state funding gap and fiscal year 2026-27 projected shortfall.
The $1.63 billion bond was presented to the board of trustees in February by the Long Range Planning Committee, or LRPC, following its evaluation of district needs, Chief Operations Officer Matt Morgan said.
The impact: If voters pass the propositions, they will see a 9-cent property tax increase, per a news release. The increase is partially offset by the bond, which is projected to bring a 3-cent reduction to the debt service tax, Morgan said. The total property tax rate is determined by combining the M&O and debt service rates.
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