Voters in the Argyle school district overwhelmingly approved a property tax increase Saturday.
The measure to raise the school tax rate by 2 cents per $100 in property valuation passed with 441 votes for and 134 votes against.
Just over 10 percent of the 5,592 registered voters participated in the election.
The tax hike will generate over $580,000 for the district and wipe out a $516,000 deficit this school year, school officials said.
With the new tax rate, the average Argyle ISD homeowner will pay an additional $71 annually.
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