Below is page 18 from the presentation given at all four of the DISD meetings over the last two weeks, and now on the TRE page maintained by DISD. This chart is the funding over the next 5 years if the TRE is approved by voters:
|Page 18 with 5-year budget for TRE if passed, given to the public in 4 meetings prior to 8-16-18|
2) None of the new tax funds generated by the TRE will go to teacher raises the first year. The first year, 2018/19, due to the unexpected 3% increase in taxable values up to a full 10% increase, for this year the salary raises will now be funded without the TRE. However, they are unfunded for the next 4 years and the funds from the TRE, averaging $126 million a year, will partially be used to fund those ongoing annual raises. Remember, according to the DISD TRE Q & A pages the following items will be funded by the funds generated by the TRE:
How will Dallas ISD invest the additional revenue generated by the TRE?
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