The 2020-21 tax rate approved by Trustees at Monday’s Cleburne ISD School Board meeting reflects a decrease for the second consecutive year.

                “This is a penny less than last year’s rate,” Trustee June Bates said, in making the motion to approve the new figure. “This was preceded by the 11 cent drop in the tax rate we approved for 2019-20. Over two years, this totals a 12 cent reduction.”

The new tax rate of $1.5147 on $100 valuation is the combined sum of the Maintenance and Operations rate of $1.0547 and Interest and Sinking (debt service) at $0.46.