McKinney ISD officials are looking to secure voter-approved funding for new schools, facility maintenance and more in an effort to keep schools “safe, modern and ready,” the district’s website states.
The current situation: McKinney ISD voters will consider a $500 million bond package and a voter-approval tax rate election, or VATRE, at the polls this November.
The specifics: The VATRE, listed on the ballot as Proposition A, could net an additional $4.1 million in revenue for teacher compensation and student programs if approved. The four bond propositions include funding for two new elementary schools, upgrades to existing facilities, new technology purchases and safety upgrades, according to district documents.
What else?: If all propositions are approved by voters, the district’s total tax rate will be $1.0664 per $100 valuation, which is $0.0379 cents lower than the prior year’s property tax rate, according to district documents.
Get involved: Election Day is Nov. 3, and early voting will be held Oct. 19-30. The last day to register to vote is Oct. 5.