On, Monday, Aug. 19, the Austin ISD Board of Trustees voted to place a tax rate election on the Nov. 5 ballot. A tax rate election gives the community the option to vote for increased funding to pay for teacher and staff raises and additional support positions for campuses. If approved, Austin ISD would gain an estimated $41M in funding annually. Austin ISD plans to spend about $17.8 million on a compensation plan that includes market adjustments for most teachers and staff with the highest increases going to our most experienced teachers.   -From the AISD website.  

For more information on the Frequently Asked Questions on Prop, including General Tax Rate, Understanding School Finance, Breaking Down the Compensation Plan, and Tax Rate Deep Dive, see PROP A, and scroll down to the FAQ section.