Ysleta District’s Tax Shift Explained | Texas News

Ysleta ISD is proposing a tax rate shift to cut its $12.2 million deficit by $5.5 million in state funding—while actually lowering the average homeowner’s property tax burden. The new rate, just under $1.19 per $100 of home value, would bring in slightly less than last year’s revenue, but more than two-thirds of homes won’t see any change thanks to existing exemptions. It’s a smart move to balance the budget and attract state aid without raising taxes for most residents. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7466a1f51a0a6b86