News Story

The Board of Trustees Monday voted to put a tax rate election on the Nov. 5 ballot. 

Why it matters: A tax rate election gives the community the option to vote for increased funding to pay for teacher and staff raises and additional support positions for campuses. 

By the numbers: If approved, Austin ISD would gain an estimated $41M in funding annually. 

• Austin ISD plans to spend about $17.8 million on a compensation plan that includes market adjustments for many teachers and staff members.
• $3.2 million would be spent on additional support directly to campuses. This includes Instructional Coaches, Content Interventionists, Special Education support and Mental Health support. 
• About $20 million would be used to offset current costs and stabilize the budget. 

A homeowner of an average value of $550k in Austin would see a monthly increase of about $34 in Austin ISD property taxes, or roughly $412 per year. 

What they’re saying: “We are the largest provider of public education in Central Texas. Eighty-one percent of the students in Austin come to Austin ISD, and we have a responsibility to educate our students in a way that aligns with our community values,” said Superintendent Segura.

What’s next: Before the November election, the district will look at every aspect of how we do business and identify opportunities to streamline operations to reduce cost and stabilize the budget.

Go deeper… with our tax rate election FAQs