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To: FairOpinion
The Supreme Court agreed with the plaintiffs' argument that the system is unconstitutional because so many school districts are forced to tax property owners at the maximum limit of $1.50 per $100 in property value

Heck I just looked at my Spring ISD tax bill and I am taxed at 1.95 per hundred. I would like to know where that 1.5 per hundred listed in the article comes from.

11 posted on 11/22/2005 8:36:48 PM PST by Texasforever (France out of the West Bank ................of Paris.)
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To: Texasforever
I am taxed at 1.95 per hundred. I would like to know where that 1.5 per hundred listed in the article comes from.

From the law. It's a bit confusing tho' - the max rate that a school district can tax at is 2%, 1.5% for general operations (which is what is always mentioned) and 0.5% for debt service (which is not in play.)

75 posted on 11/23/2005 7:13:52 AM PST by green iguana
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To: Texasforever

Our taxes have almost doubled in the last three years. What happened to the lottery paying for education here in Texas???? :(


84 posted on 11/23/2005 7:25:50 AM PST by Dawgreg (Happiness is not having what you want, but wanting what you have.)
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To: Texasforever
Heck I just looked at my Spring ISD tax bill and I am taxed at 1.95 per hundred. I would like to know where that 1.5 per hundred listed in the article comes from.

The 1.95 is cheap in comparison to Wisconsin property tax.

94 posted on 11/23/2005 7:57:37 AM PST by cpprfld (Who said accountants are boring?)
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