Monday night, the Malakoff ISD school board is expected to approve the district’s budget and tax rate for next year.
The MISD tax rate will remain the same – $1.18 per $100 valuation. That breaks down to .99 cents for Maintenance and Operations and .19 cents for Interest and Sinking (debt).
There will be a public hearing on the budget 6:30 p.m. Monday, Aug. 18. The regular board meeting will follow at 7 p.m., which is when the board is expected to vote on the budget and tax rate.