M&O Rates Going into 2007-08 In 2006-07, 529 districts adopted tax rates that were at or above $1.37 All of these districts will face rollback elections if they want to adopt a rate in future years that is greater than their compressed rate plus 4 cents Another 173 districts were within 4 cents of $1.37 last year and are likely to hit the $1.04 barrier in the near future (given the additional compression taking place this year) Moak, Casey & Associates 3
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