Montgomery ISD brings $2.8 million budget deficit to surplus for FY 2020-21, sets lower tax rate

The Montgomery ISD board of trustees met Sept. 15. (Eva Vigh/Community Impact Newspaper)
The Montgomery ISD board of trustees met Sept. 15. (Eva Vigh/Community Impact Newspaper)

The Montgomery ISD board of trustees met Sept. 15. (Eva Vigh/Community Impact Newspaper)

After facing a predicted $2.8 million budget deficit for fiscal year 2020-21, Montgomery ISD officials have steadily whittled down this shortfall through various budget amendments and reductions. Board of trustees members said their goal was to achieve a balanced budget, but they went a step further when approving a budget with a slight surplus of about $30,000 at a Sept. 15 meeting.

“I appreciate the board’s leadership in wanting a balanced budget,” Chief Financial Officer Kris Lynn said in an interview Sept. 14, prior to the meeting. “I would like for the community to have a sense of, the board set a goal, and we achieved that goal.”

Reducing the budget deficit was a monthslong endeavor.

District officials identified a $2.8 million budget shortfall in May. Lynn joined the district April 1 as the new CFO, and together with other district officials, reduced the shortfall to $1.6 million. The budget was adopted June 30.

Since then, the district has eliminated its deficit through three amendments. The first amendment was approved in July and reduced the shortfall by $836,000, and another budget amendment was approved Aug. 18 for $472,000. The third amendment was presented to the board Sept. 15 for $400,000.


The amendments identified budget reductions by not filling vacant positions and reallocating others, and reducing the fuel budget due to less buses running, Lynn said Sept. 14.

In addition to balancing its budget, the board has publicly stated its goal of having MISD be the highest-paid staff in Montgomery County, although a timeline for this has not been announced.

Trustees also approved an effective tax rate of $1.2798, which is lower than FY 2019-20’s rate of $1.3075. Although this is a lower tax rate, if property tax values rise—which are set by the appraisal district—the overall taxes an MISD resident pays may still increase.
By Eva Vigh
Eva Vigh joined Community Impact Newspaper in 2018 as a reporter for Spring and Klein. Prior to this position, she covered upstream oil and gas news for a drilling contractors' association.


MOST RECENT

'We care about you and your whole health': Conroe-area school districts emphasize importance of social, emotional learning upon reopening

“It doesn’t matter if you’re in person or if you are at home doing work remotely; we care about you and your whole health. And so you’re going to see investment in our curriculum, in our social and emotional learning, both online and in person,” CISD Superintendent Curtis Null said in an Aug. 24 livestream. “We understand that there has been a mental health strain that’s been associated with everything that’s been going on over these last few months, so we are going to work to make that happen.”

Free COVID-19 testing will be available to festival staff, participants and patrons every weekend of the festival this fall. (Courtesy Steven David Photography)
Texas Renaissance Festival to offer free COVID-19 rapid testing throughout season

Additionally, a free drive-thru testing site will be set up in Todd Mission on Sept. 19.

Montgomery County will now include antigen cases in its total case counts. (Courtesy Adobe Stock)
Montgomery County to begin including antigen positive cases in COVID-19 daily reports

Antigen cases will now be included in total case counts. However, a breakdown of antigen versus PCR cases will be available.

Law enforcement lines the streets to pay their respects. (Eva Vigh/Community Impact Newspaper)
Community pays respect to Conroe Mayor Toby Powell in memorial procession Sept. 18

In downtown Conroe on Sept. 18, dozens of citizens lined the streets.

Dr. Sam Rolon is a physician for Baylor St. Luke's Medical Group Creekside Family Medicine in The Woodlands. (Courtesy St. Luke's Health)
Q&A: St. Luke's physician shares advice on flu season, vaccine and prevention

The influenza vaccine is recommended for nearly all patients of all ages ahead of this year's flu season, Dr. Sam Rolon said.

student in mask
TEA launches statewide COVID-19 dashboard for public schools

The Texas Education Agency, in collaboration with the Texas Department of State Health Services, has launched its latest COVID-19 dashboard for positive cases in Texas public schools.

The space is furnished and decorated. (Courtesy She Shack)
She Shack, a party and event venue, now open in Conroe

Looking to host your next luncheon, bridal shower or small corporate gathering? Check out this "chic space."

The Houston Food Bank is looking for more volunteers as it handles increased food distribution during COVID-19. (Courtesy Houston Food Bank)
Houston Food Bank: COVID-19 pandemic amplifies already-high food insecurity rates across region

Before COVID-19, the Houston Food Bank distributed about 400,000 pounds of food daily. That number has since increased to about 1 million pounds a day.

Gov. Greg Abbott said Sept. 17 that data from Texas' 22 hospital regions will dictate when certain businesses can reopen at 75% capacity. (Screenshot of Sept. 17 press conference)
Texas Gov. Greg Abbott: Retail stores, restaurants, office buildings, gyms can reopen at 75% capacity as early as Sept. 21

Nursing home and long-term care facilities will also be allowed to reopen for visitation as early as Sept. 24.

(Courtesy Curry Masala)
Curry Masala opens in The Woodlands and more Houston-area news

Read the latest business and community news from Greater Houston.

Conroe ISD's board of trustees met for a regular meeting Sept. 15. (Screenshot via Conroe ISD YouTube)
Conroe ISD trustees approve remote learning plan, 2020-21 tax rate

Conroe ISD's fiscal year 2020-21 tax rate, which represents a 1.42% decrease over the district's current rate, was unanimously approved by the board of trustees during its regular meeting Sept. 15.