The details
WISD’s proposed tax rate of $0.9979 per $100 valuation is $0.0041 lower than the previous tax rate of $1.002 for FY 2023-24.
The district’s proposed revenues and expenses are $85 million, allowing for a balanced budget, Community Impact previously reported. The projected taxable property value increase year over year is 16.25%, up from the previous year's increase of 13.52%, said Garrett Matej, the assistant superintendent of business and finance.
The majority of the district’s expenses go to payroll, which includes a recent increase to teacher salaries, as previously reported by Community Impact.
What’s next
WISD trustees are set to approve the FY 2024-25 budget during their Aug. 19 meeting.
