Tax Ratification Election
Oakwood Independent School District overwhelmingly passed a Tax Ratification Election (T.R.E.) joining over 58% of other Texas independent school districts who passed a similar measure. This process is also known as a “tax swap” or “penny exchange” and involves moving pennies from the interest and sinking (I&S) side to the maintenance and operations (M&O) side. Please check the resources below for all of the information on the T.R.E.