VISD sets slightly lower tax rate

By Daniel | September 3, 2020 |

The Vernon Independent School District board of trustees held a special meeting on Monday to deal with the end of the fiscal year, and beginning of a new year, starting Sept. 1. The trustees adopted a property tax rate of $0.9664 per $100 of valuation for next year. The current year’s rate is $0.97, and it was $1.10 last year.

The board also approved amendments to finalize this year’s budget — which is projected to show a loss.