VATRE 2024 Quick Links Employment Skyward

Frequently Asked VATRE Questions

Have a question about the Grapevine-Colleyville ISD VATRE that is not listed? Submit your question here. Residents are also encouraged to attend an upcoming informational presentation.

Frequently Asked VATRE Questions

General VATRE Questions

Golden Pennies Questions

Tax Revenue Questions

Ballot Language Questions

Frequently Asked VATRE Questions

General VATRE Questions

What is a VATRE?

Why a VATRE?

How would the VATRE Impact GCISD’s Tax Rate?

We just passed a bond. How is this different?

Why did the District not call the VATRE earlier?

What will happen if the VATRE does not pass?

How is the district educating the community about the VATRE?

What will the $6 million be used to fund?

What is the district’s plan for future increases to employee compensation?

How will we know that funds from the VATRE will be spent on teacher salaries and student programs?

Golden Pennies Questions

What are “golden pennies”?

Has the district ever had the voter-approved golden pennies in the past?

How often can the District use the three golden pennies?

What would the tax rate be if the VATRE fails?

Tax Revenue Questions

Does GCISD receive more revenue as property values increase?

How much remains in the district’s fund balance?

How much of GCISD’s revenue is sent to the state for recapture (Robin Hood)?

Who decides the amount of the Maintenance & Operations tax rate?

If the VATRE fails, why does the M&O tax rate fall below the 2023 rate of $0.7290 to $0.7069 for 2024?

What would the tax rate be if the VATRE fails?

Ballot Language Questions

Why does the wording on the ballot say $1,513,042 if the VATRE will bring in a projected additional $6,000,000 in funding?