Taxpayers called to bail out corruption-plagued Dallas County Schools

Taxpayers called to bail out corruption-plagued Dallas County Schools

What you may not know is that Dallas County Schools (DCS) collected property taxes, and county taxpayers are on the hook for paying off its debt for years to come.

Author: Tanya Eiserer, Jason Trahan

You may have heard of Dallas County Schools. That’s the busing agency shut down this past November amid a massive corruption scandal that took down former Mayor Pro Tem Dwaine Caraway.

What you may not know is that Dallas County Schools (DCS) collected property taxes, and county taxpayers are on the hook for paying off its debt for years to come.

DCS owes a debt of about $106 million to 33 creditors, and officials expect to pay off the debt — with interest — in six or seven years. “It just depends on how much the property values grow, and we can collect,” said DISD Superintendent Michael Hinojosa, who sits on the committee to dissolve DCS.

The committee is scheduled to meet Tuesday morning to adopt a 10 cents-per-$100 valuation property tax rate. There are 816,929 residential and property owners who will get a tax bill for DCS this fall. On it, there will still be a line item – called “school equalization” — representing Dallas County Schools.

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