Ballot propositionRatifying the ad valorem tax rate of $1.3784 in the Fort Worth Independent School District for the current year, a rate that will result in an increase of 12.16 percent in maintenance and operations tax revenue for the district for the current year as compared to the preceding year, which is an additional $49,011,668.

Ratificando la tasa de impuesto ad valorem de $1.3784 en el Distrito Escolar Independiente de Fort Worth para el año corriente, una tasa que resultará en un aumento de 12.16 perciento, en mantenimiento y de ingresos por impuesto de operaciones para el Distrito para el año en curso en comparación al año anterior, el cual es $49,011,688 adicionales.
If I vote FORFort Worth ISD will increase the portion of property taxes that supports the district to $1.378 per $100 valuation for the 2020-21 school year.

Fort Worth ISD will raise $44 million in revenue, and receive $22 million in state contributions.
If I vote AGAINSTThe portion of property taxes that supports Fort Worth ISD will remain at $1.282 per $100 valuation.

Fort Worth ISD will not raise $44 million in revenue; it will not receive $22 million in state contributions.
Tax consequencesIf the proposition passes, the portion of property taxes that supports Fort Worth ISD will go up by 7.5%; for example, the new tax rate would raise taxes on a $100,000 home by about $96.50.

Taxpayers over age 65 would incur no tax increase unless they make substantial improvements to their home.
What is a VATRE?State law requires that school districts seek voter approval to raise their tax rate above a prescribed amount. The election is referred to as a Voter-Approval Tax Rate Election (VATRE).
Public school tax rates and those age 65 and overProperty taxes for Fort Worth ISD residents age 65 or over will not be impacted by the bond election.

According to state law, persons 65 and older can apply to receive a homestead exemption through their local property tax appraisal district. For those aged 65 or older with residence homestead exemptions, the dollar amount of school taxes cannot be increased above the amount paid in the first year after the person turned 65, regardless of changes in tax rate or property value, unless significant improvements are made to the home. To apply or to check the current status of your homestead exemption, contact your local property tax appraisal district.
ResourcesFort Worth ISD, “Voter-Approval Tax Rate Election,” https://www.fwisd.org/domain/6638
Recent news articles"The Fort Worth school district wants you to vote for an increase in taxes. Here's why," Fort Worth Star-Telegram (Oct 26, 2020) https://www.star-telegram.com/news/local/education/article246709981.html (paywall - article limit)

“Fort Worth school board adopts tax rate boost for budget that includes raises of 2%,” Fort Worth Star-Telegram (Aug 22, 2020) https://www.star-telegram.com/news/local/education/article245150425.html (paywall - article limit)