The new tax rate in Greenville ISD will mean a savings of $48.20 per $100,000 valuation.
The new tax rate is $1.12 ($1.120481, to be exact) per $100 taxable valuation. The chart tracks the 10-year tax rate history.
"Our School Board believes in being fiscally conservative in every way," School Board President Trena Stafford said. "If you compare our tax rates with those of neighboring districts, you'll see that our district does a great job of stretching our taxpayer dollars."
"All in all, it adds up to tax savings for our community members," Stafford said.
Some of the tax decreases over the last 10 years were due to changes in state funding formulas and tax rate compression mandates.