While the tax rate has not yet been adopted, this budget is based on the district’s current tax rate of $0.9690 per $100 valuation of a home, as the district has projected that the tax rate for FY 2025-26 will be unchanged.
Budget explained
CCISD will have $416.8 million in revenues and $429.3 million in expenses, landing the district in a possible shortfall of $12.5 million, according to budget documents.
- Student enrollment or attendance below projections
- Inflationary impact
- Inadequate state funding to meet the needs of students
- Inability to recruit and retain quality staff
- Sustainability of current programs
- Required spending by unfunded mandates
Goals to address the shortfall include conducting staffing studies to analyze staffing levels, Benzaia said.
Also of note
The district will bring a tax rate of $0.9690 per $100 valuation of a home to the board for consideration at its Sept. 22 meeting, Benzaia said.
This tax rate includes $0.6990 for maintenance and operations, or M&O—which funds daily operations—and $0.2700 for interest & sinking, or I&S—which pays bond debt. Both rates are unchanged from FY 2024-25, according to budget documents.
At the projected tax rate of $0.9690 per $100 valuation, a home with an average market value of $406,500 would owe about $2,140 in taxes, according to district documents.
This is about a $350 decrease from last year’s $2,490 tax bill. However, that figure doesn’t account for changes in home values, as last year’s taxes were based on an average market value of about $397,000, according to district documents.
Stay tuned
The board will meet at 6 p.m. Sept. 22 at the district’s Education Support Center, located at 2425 E. Main St., League City, to adopt the district’s tax rate.
