NBISD is holding in person VATRE presentations for the community on September 25th and 28th. These presentations will explain the purpose of the upcoming Voter Approval Tax Rate Election and how this election will impact NBISD.
September 25th at 6:00pm (Oak Run Middle School)
September 28th at 6:00pm (New Braunfels Middle School)
The New Braunfels ISD Board of Trustees voted to call an election on November 7th that will ask the district’s voters to authorize the addition of three pennies to the district’s tax rate.
Since the adopted tax rate for the 2023-2024 tax year of $1.0419 exceeds the voter-approval tax rate by three pennies, the district is required to hold an election on the next uniform election date to obtain voter approval of the adopted tax rate. The Voter-Approval Tax Rate Election (VATRE) will be held on November 7, 2023. This election would ratify the action the Board took on August 21, 2023 by authorizing the increase in the tax rate for Maintenance & Operations (M&O), which is the component of the overall school district tax rate that pays for operating expenses, including teacher and staff compensation.
For more information on the VATRE, visit nbisdnews.org/elections.