During the most recent school board meeting, on Aug. 21, the Elgin ISD Board of Trustees approved a balanced general operating budget for the 2023-2024 fiscal year, in addition to setting the district’s 2023 tax rate. The property tax rate was decreased by more than 18 cents, to $1.2257 per $100 valuation. To continue paying off past bonds issued for district improvements and additions, trustees kept the debt service tax rate static at $0.4682 cents per $100 valuation, while lowering the maintenance and operations rate to $0.7575 cents per $100 valuation. In addition, student enrollment was projected to be at 5,800 pupils ...