Carroll ISD shares preliminary budget projections, may see surplus funds if House Bill 3 passes

Updated at 12:38 p.m. to include new information.

Carroll ISD administrators are currently anticipating a $2.1 million budget deficit for the 2019-20 school year, but that could change to a $3.5 million surplus if House Bill 3 is signed into law, according to a staff presentation during its May 6 school board meeting.

The Texas Senate approved a version of House Bill 3 on May 6. Part of what this bill would do is invest billions of additional dollars to public education, according to a same-day news release from the Center for Public Policy Priorities. It would also lower property tax bills.

“House Bill 3 would require districts to decrease their tax rates,” said Scott Wrehe, the assistant superintendent for financial services.

CISD’s current maintenance and operations tax rate is $1.04 per $100 valuation, Wrehe said. House Bill 3 would have it lowered to $1.00 per $100 valuation. This does not include the debt service tax rate.

The Senate-approved HB 3 would also give teachers and librarians a $5,000 pay raise and fund full-day prekindergarten programs for low-income students, according to The Texas TribuneCommunity Impact Newspaper’s reporting partner. The House and Senate will have to negotiate over differences in the bill in a conference committee before it can be signed into law.

“The bottom line right now, based on the information we had last week, our current law budget would have a deficit of $2.1 million,” Wrehe said. “Under House Bill 3, we would have a surplus of $3.5 million.”

Under the current system, CISD is also facing challenges with decreased state funding and increased payments to the state under the “Robin Hood” plan, in which certain school districts share their local tax revenue with other school districts.

Budget details are preliminary and will change as the school district receives more information throughout the planning process, Wrehe said.

Taxable property value in CISD is expected to increase 11.7% from the current school year, according to meeting documents.

The district estimates 2019-20 general fund expenditures will amount to about $123 million, according to preliminary budget data.

Instructional costs make up the bulk of the budget at $44.8 million, and the second-biggest expenditure is expected to be CISD’s recapture payment, according to preliminary budget documents. The district calculates the recapture payment will be about $40.2 million.

If signed into law, HB 3 would decrease both school districts’ recapture payments and their dependence on local property tax revenue, Wrehe said.

“My fear is that they’ll be able to say, ‘We gave districts more money,’ but there’ll be strings attached to it,” Wrehe said.


Methodist Southlake Hospital is transitioning to a wholly owned facility, which allows it to expand its services to Medicare patients. (Courtesy Methodist Southlake Hospital)
Methodist Southlake Hospital expands services as it begins to accept Medicare patients

As of the end of April, Medicare patients can now receive care at Methodist Southlake Hospital.

The market will serve Cajun-specialty seafood and fresh meats. (Courtesy T-Johnny’s Cajun & Seafood Market)
T-Johnny’s Cajun & Seafood Market to open in early June in Colleyville

T-Johnny’s Cajun & Seafood Market expects to open in early June at 5409 Colleyville Blvd., Colleyville.

A LongHorn Steakhouse was expected to open in early 2020 at The Citadel development near I-35W and Heritage Trace Parkway. The opening has been delayed, according to staff. (Ian Pribanic/Community Impact Newspaper)
Tuesday Morning bankruptcy, census data and three other DFW-area stories

Here are five recent updates from the metroplex, on delayed openings, mass layoffs and more.

Those who give blood through May 31 will receive a t-shirt by mail while supplies last. For the month of June, donators will receive a $5 Amazon gift card through email, courtesy Amazon, according to American Red Cross. (Courtesy American Red Cross)
Red Cross offers incentives for blood donations in Dallas-Fort Worth area

The American Red Cross has roughly 1,300 blood donation appointments in North Texas that need to be filled through June 15.

Here are the latest coronavirus updates for Grapevine, Colleyville and Southlake. (Community Impact staff)
DATA: Confirmed COVID-19 cases in Grapevine, Colleyville, Southlake as of May 28

Tarrant County Public Health reported that the county has seen an increase of 491 new COVID-19 cases since May 21.

Since Richardson ISD announced school closures in March, Network of Community Ministries has been providing weekend meal boxes to families in need. (Courtesy Network of Community Ministries)
Reliant Energy donates $100,000 to Richardson, Grapevine nonprofits on front lines of fight against COVID-19

Network of Community Ministries and GRACE are two of the four organizations receiving donations.

Normally crowded toll roads are experiencing a decline in the number of motorists, according to data from the North Texas Tollway Authority. (Liesbeth Powers/Community Impact Newspaper)
North Texas Tollway Authority develops plan to mitigate unprecedented loss of revenue

Money-saving tactics include an indefinite hiring freeze and the delay of some projects, according to a spokesperson.

Outdoor venues in all Texas counties will be permitted to operate at up to 25% capacity starting May 31. (Courtesy Adobe Stock)
Spectators to be welcomed back to Texas outdoor sporting events May 31 at 25% of venue capacity

Venue owners must operate under guidelines that facilitate appropriate social distancing.

Tuesday Morning plans to close 230 of its 687 stores in a phased approach. (Anna Lotz/Community Impact Newspaper)
Development news and other top stories from this week in DFW

Read the most popular stories so far this week from Community Impact Newspaper's Dallas-Fort Worth coverage.

Each eligible child will receive $285 in benefits. (Courtesy Adobe Stock)
Some Texas students eligible for one-time federal benefit to aid with food purchases

Texas received approval from the U.S. Department of Agriculture to provide more than $1 billion in pandemic food benefits.

(Courtesy Dallas Fort Worth International Airport)
Dallas Fort Worth airport sees 45% decline in passengers during March

The Dallas Fort Worth International Airport saw steep declines in the number of passengers passing through its doors each month.

Texas Comptroller Glenn Hegar spoke to members of the Clear Lake Area Chamber of Commerce on May 27 about what the state's post-pandemic economic turnaround might look like. (Screenshot of May 27 virtual luncheon)
Texas comptroller predicts slow, steady economic turnaround post-pandemic

Texas Comptroller Glenn Hegar said the state entered the era of the coronavirus in a healthy financial situation, which bodes well for the future as reopening continues, but that Texans are not out of the woods yet.