By George Slaughter The Katy Independent School District Board of Trustees Monday approved a $1.1 billion budget that will include a property tax decrease for the fourth consecutive year. In a presentation to trustees, Chief Financial Officer Chris Smith said the property tax rate would be $1.35 per $100 property valuation, a 4-cent decrease from last year’s $1.39 rate. The district has been able to reduce property tax rates as commercial and residential growth increase […]
