School District Question 1 (ISD #768)
APPROVAL OF REFERENDUM REVENUE AUTHORIZATION The Board of Independent School District No. 768, Hancock, has proposed to increase its general education revenue by $350 per resident marginal cost pupil unit. The additional revenue will be used to finance school operations and the property tax portion thereof will require an estimated referendum tax rate of approximately .00116260% of the referendum market value of the school district for taxes payable in 2008, the first year it is to be levied. The proposed referendum revenue authorization would be applicable for ten (10) years unless otherwise revoked or reduced as provided by law. Shall the increase in revenue proposed by the Board of Independent School Dist. No. 768 be approved?
