Voter-Approval Tax Rate Election (VATRE)

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VATRE stands for Voter Approval Tax Rate Election. It is an election required by the State Legislature to approve a tax rate increase that generates additional revenue for public schools.

If a school district adopts a maintenance & operations (M&O) tax rate that exceeds the maximum amount allowed by state statute, a VATRE must be held to gain voter approval to raise the tax rate. For Fort Bend ISD a tax rate that exceeds $1.1546 will trigger a VATRE. The current tax rate is $1.2101.

Fort Bend ISD has a $47 million deficit. A VATRE is one component in a two-part approach to eliminate the deficit. The other component is strategic budget tightening.

Voter approval of a tax rate of $1.2101 (the same rate as last year) will generate $47 million in additional revenue. The District is planning to use this additional revenue to:

Address the deficit
Provide funding for safety measures, including assigning police officers to every elementary school campus
Allow increased compensation for teachers, raising starting pay to $60,000
Allow for long-serving staff to receive years-of-service supplemental pay for their commitment and dedication to FBISD

For additional information visit www.fortbendisd.com/vatre. Questions and comments can be submitted below.

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