Hays CISD moves closer to Freeport exemption

[dropcap]H[/dropcap]ays CISD trustees are one step closer toward implementing an ad valorem tax exemption for certain manufacturing companies in the area.

Board trustees next week are expected to vote on potentially adopting the Freeport Exemption, which is a form of tax exemption used by communities for economic development and job creation.

In addition, the board will rescind a December 1989 resolution denying tax exemption for Freeport goods. Board trustees will also authorize Superintendent Michael McKie to execute proposed Freeport Exemption agreements with eight companies currently operating in the district.