Voters on Saturday approved a ballot measure to restructure the Eagle Mountain-Saginaw school district’s property tax rate to balance the budget.A total of 928 votes were cast, with 83.9 percent voting for the measure. The restructuring does not require a tax rate increase.School board trustees called the special tax ratification election after they approved a maintenance and operations portion of the tax rate — used for day to day expenses such as salaries — which was above the maximum amount allowed without voter approval. Trustees also adopted a resolution to move 13 cents from the debt service portion of the tax rate to the maintenance and operations side, meaning that the property tax rate would remain at $1.54 per $100 of assessed value.Currently, the maintenance and operations portion of the tax rate is $1.04 and the debt service portion is 50 cents. The proposed tax rates are $1.17 for maintenance and 37 cents for debt service.Communications Director Kristin Courtney said the restructuring will generate $650,000 annually in state funding, which will be used to help balance the $139.8 million operating budget. The monies will be used to help offset the operating budget, which the district has been forced to cut by $16 million in the past three years due to reductions in state funding.“We are among the many school districts that have been cutting budgets since the last legislative session,” Courtney said. “We are looking at making the most of what we have. This (the tax ratification election) is a tool to help us balance the budget.”She added that the district is growing, and it implemented a five-year budget plan because new schools and other improvements are needed.Trustees will meet Sept. 19 to canvass the election results.