Vatre-2025

On August 14, 2025, the Coupland ISD Board of Trustees unanimously voted to call for a Voter Approved Tax Ratification Election (VATRE), to be held on November 4, 2025.

What is a VATRE?

-          It is a Voter Approved Tax Ratification Election. It is a TAX INCREASE for day to day operational expenses.

Taxes for school districts are divided into 2 buckets

-          Interest & Sinking (Debt) – used for capital projects like construction

  • I & S tax rate is $0.50

-          Maintenance & Operations (Day to Day operations)

  • With the VATRE - the M & O tax rate is about $0.6922

  • Without the VATRE - the M & O tax rate is about $0.6622

The VATRE proposition, that will be on the November 4th ballot seeks voter approval to increase the M & O tax rate by $0.03, bringing the total school tax rate to $1.1922.

M & O taxes are used for Day to Day operational expenses (Salaries, utilities, paper, fuel, repairs, textbooks)

-          75%-80% of current budget goes towards staff salaries

Why? Why A VATRE?

-          For the 2025-2026 budget year, the district projected and the Board approved what would be a deficit budget without VATRE revenue

-          Future salary and healthcare costs will increase in 2026-2027

And….

-          There will be initial, one-time, and reoccurring costs incurred by the district with the opening of a second campus.

Why is the district is asking for a VATRE when the community just passed a bond (in May 2023)?

-          Bond funds can only be spent on construction. Once the new school is built, if it was picked up and turned over, anything that falls out is paid for with M & O funds – people and stuff.

If the VATRE for $0.03 (M &O) passes, the district would see an increase in revenue of about $240,939 to use for Day to Day operations, such as adding staff as needed, salaries increases and supplies.

The 3 cents are special. They are GOLDEN pennies.

1.       Golden pennies are high yield

  • $  Local - $93,771

  • $ State - $147,168

  • $  Total Additional Revenue - $240,939

2.       GOLDEN Pennies are NOT subject to RECAPTURE. All the funds would stay in Coupland ISD.

People whose taxes are frozen will not be affected.

$140,000 Homestead Exemption would apply (if approved by voters in November) and has been calculated in district calculations.

Impact

A $190K assessed property value would see an increase in their taxes of $1.25/month or about $15/year

A $390K assessed property value would see an increase in their taxes of $6.25/month or about $75/year