For the ninth straight year, Midway ISD has been awarded the highest possible rating of “Superior Achievement” under the Texas Education Agency’s Financial Integrity Rating System of Texas (FIRST).
Midway ISD and its taxpayers are set to save more than $500,000 in interest costs after the Board of Trustees approved a defeasance resolution at its regular August meeting, enabling the district to pay off bond debt ahead of schedule.
The Midway Independent School District Board of Trustees officially adopted the tax rate for the 2024-25 fiscal year during their regular August meeting.
The Midway Independent School District is grateful for the resounding passage of the Voter-Approval Tax Rate Election (VATRE) and show of support for our teachers. The MISD Board of Trustees sought community support to address critical funding needs for competitive retention and recruitment of high-quality educators.
For the eighth consecutive year, Midway ISD has been recognized for upholding the highest standards of financial integrity and transparency set by the Texas Education Agency (TEA).
Why would an overall tax rate decrease require taxpayer approval? Midway's Parent Editorial Board requested a deeper dive into the moving parts of the Voter-Approval Tax Rate Election (VATRE), explaining the ballot language in particular. This article also summarizes what happens if you vote FOR or AGAINST the proposition.