Karnes City ISD planning foundation
by Cathy Passmore
May 19, 2010 | 147 views | 0 0 comments | 1 1 recommendations | email to a friend | print
The Karnes City Independent School District began to consider forming its own nonprofit foundation to provide additional funds for the School District at the May 10 School Board meeting.

The foundation would provide a tax-deductible mechanism or credit for the people in our area to help keep their additional income from putting them in a higher tax bracket.

Many of the area landowners are getting substantial cash payments for oil and gas royalties and thus adding to their usual income.

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