Klein ISD Tax Election On The Horizon?

At the Klein ISD Board meeting of March 9th, during a presentation regarding the 2010-2011 district budget, the prospect of a tax election in the near future was looking less like speculation and more like necessity.

Tax increases over the next four years are a certainty following the 2008 bond, but what now looks likely is that in addition to these increases, Klein ISD will call an election in the 2011-2012 school year to approve collection of the remaining two “super pennies”. If approved, the 2-cent (per $100 appraised value) tax increase will be matched penny for penny by the government, effectively doubling district revenues from those two cents.

Full story, with more figures, after the jump.

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