AUSTIN, Texas — Among the many ballot propositions and other races on Tuesday's ballot is a Voter-Approval Tax Rate Election (VATRE) for Austin ISD.
The district asked voters to approve a $0.95 tax rate per $100 valuation for the current year. According to AISD, if approved, a homeowner with an average value home in Austin would see a monthly increase of about $34 in district property taxes, or around $412 per year.
Here are the results of the election so far:
If the VATRE is approved, AISD said it will spend about $17.8 million on a compensation plan that includes market adjustments for many teachers and staff members. Around $3.2 million would be spent on additional campus support, including instructional coaches, special education support, content interventionists and mental health support. Finally, about $20 million would be used to offset current costs and stabilize the district's budget.
AISD isn't the only local school district with a VATRE on the ballot. Take a look at our breakdown of ballot measures Central Texans could see on their ballots this Election Day, Nov. 5.
For all the latest election coverage, head to KVUE.com/VoteTexas. Starting right after polls close at 7 p.m. Tuesday, election results will begin populating on KVUE.com/Elections. You can also watch KVUE's election night streaming show staring at 7 p.m. by downloading KVUE+ on your streaming device.
