What you need to know
WISD's general fund revenue and expenses are $86.3 million—a balanced budget as previously reported by Community Impact.
The majority of the district’s expenses go to payroll, which includes a recent increase to teacher salaries and new positions for the district.
“The majority of these [new positions] are in the classroom to account for enrollment growth in the strategic effort to reduce the teacher-to-student class ratios,” said Garrett Matej, the district’s assistant superintendent of business and finance.
The tax rate approved by the board is a total rate of $1.0349 per $100 valuation. This is a $0.0347 difference between the previous tax rate of $1.0002 per $100 valuation for FY 2023-24.
What’s next
FY 2024-25 will begin Sept. 1.
