Arlington ISD asks voters to approve tax increase of 9 cents per $100 tax value
The Arlington school district is asking voters to approve a property tax rate increase of 8.84 cents per $100 of property value, the district announced in a news release on Friday evening.
This property tax increase would mean the property tax bill on the average house, appraised at $208,985, would increase by $162.73 annually.
If approved, the district expects the tax rate increase to raise an additional $56 million annually, according to a news release from the district.
That money would be used to help the district increase teacher and staff pay and gain access to additional state funding, according to the release. The additional cents raised by the tax rate would increase state funding by about $18 million.
The district said in the release that it is losing competitiveness in the job market for teachers. By increasing the tax rate and offering more money, the district said it can “effectively attract and retain quality educators through higher salaries.”
That will be made possible in part by the extra $18 million in state funding.
The district has never held a voter approval tax rate election. Arlington ISD has more information available on its website.
The website says Arlington has the 17th lowest property tax rate of the 21 Tarrant County school districts.
The Financial Integrity Rating System of Texas lists the Arlington school district as A — Superior.