At a called meeting on August 25, 2022, the GPISD Board of Trustees voted to adopt the budget and set the tax rate for 2022-2023 at $1.3070 per $100 of valuation. This is a decrease of almost 7 cents from last year ($0.693).
The overall tax rate is made up of two parts:
- $0.9429 for the purpose of maintenance and operations
- $0.3641 for the purpose of payment of principal and interest on debts
Including this year’s tax rate decrease, the GPISD Board of Trustees has lowered the tax rate almost twenty-nine cents ($0.2888) over a four-year period.
For more information, please visit the District’s Financial Transparency page.