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Voter Approved Tax Rate Election (VATRE)


Posted Date: 10/18/2024

Voter Approved Tax Rate Election (VATRE)

VATRE Explained

This election takes place at the same time as the presidential election.

  • If approved, this will secure the last three “golden pennies” for the Rocksprings Independent School District.
  • What are golden pennies?
    • In Texas, each school district has a possible 8 golden pennies. They are considered golden because they cannot be sent back to the state in recapture.
    • Currently, Rocksprings has 5 golden pennies secured.
    • If approved, the M&O tax rate will remain the same because Rocksprings received 3 pennies last year for the border disaster declaration.
    • If passed by the voters,there is a 0.0 dollar increase in taxes.
    • If you have any questions about this, please email justin.delbosque@rockspringisd.net.
  • More Info: Voter Approval Tax Rate Elections: What They Are & Why Your School District May Pursue One