BSISD trustees set tax rate for proposed budget

Trustees with the Big Spring Independent School District set the tax rate at $1.4495 per $100 valuation Thursday night, keeping the rate relatively the same as last year.That rate — which will not be formally adopted until August — breaks down to $1.1195 per $100 property valuation for maintenance and operation and 33 cents for debt service. A public hearing on the tax rate will be held in conjunction with the board’s regular August meeting on the 14th. Formal adoption of both the budget and tax rate will be held later that month on the 24th.For more of this story, read Friday's edition of the Herald.