A rise in property values for residents of Fairfield ISD led to a significant drop in their total school tax rate this year from last year’s $1.1865 per $100 valuation to $1.0775.
FISD is running a deficit budget, with revenue of $17,972,410 and $18,406,848 in expenditures.
Trustees met Monday night to approve the tax rate and budget. The rate breaks down into 92.1 cents for regular expenses in…