Dallas voters Tuesday night approved a long-term strategy to make Dallas ISD fiscally sustainable while supporting initiatives proven to boost student achievement.
District officials said the approval of the 13-cent Tax Ratification Election (TRE) positions Dallas ISD for long-term success. Unofficial results show that nearly 60 percent of voters approved the TRE, which will support:
- Attracting and retaining high-quality teachers and staff;
- Ongoing support for building a strong early learning foundation for students;
- Expanding parent and student’s opportunity of public school choice;
- Ensuring racial equity throughout the district;
- Being fiscally prudent in building the district’s assigned fund balance.
The TRE will bring the tax rate to $1.17 per $100 of property value. This, for example, will translate to about a $20 monthly increase for the owner of a home valued at $184,574.
Meanwhile, Dallas voters also approved Dallas ISD propositions to support a $75 million bond for new buses and a bus barn, a $75 million bond to refund outstanding maintenance tax notes, and the purchase of attendance credits.