Conroe ISD trustees approve lower tax rate, higher budget for 2021-22

The board of trustees approved a new tax rate and budget for FY 2021-22 at a Aug. 17 meeting.  (Ben Thompson/Community Impact Newspaper)
The board of trustees approved a new tax rate and budget for FY 2021-22 at a Aug. 17 meeting. (Ben Thompson/Community Impact Newspaper)

The board of trustees approved a new tax rate and budget for FY 2021-22 at a Aug. 17 meeting. (Ben Thompson/Community Impact Newspaper)

The Conroe ISD board of trustees unanimously approved the fiscal year 2021-22 tax rate, a 3% decrease from the district's FY 2020-21 rate, at its regular meeting Aug. 17.

The adopted rate of $1.176 per $100 assessment includes $0.9160 per $100 assessment for maintenance and operations and $0.26 per $100 assessment for debt service.

Certified property values for the 2021-22 fiscal year are expected to reach $42.12 billion, a 7.46% increase from the previous year, according to district officials.

The tax rate will support the district's budgeted $596.12 million in general fund spending also approved during the Aug. 17 meeting.

According to the presentation, the district’s estimated total revenue is about $586.12 million. The estimated expenditure is about $596.12 million. The $10 million difference is made up by COVID-19 relief funding from 2020-21 to balance the budget, according to district officials.



In a presentation to the board of trustees, Chief Financial Officer Darrin Rice outlined the budget objectives as meeting the needs for the 2021-2022 school year, providing a competitive compensation plan, continuing to meet the needs as outlined in HB3 Reading Academy and Teacher Incentive Allotment and providing continued support for maintaining a safe environment for students and staff.

According to the presentation, all district employees will receive a 3% raise in the 2021-22 year, but bus drivers will receive a 5% raise. The minimum salary in the district will be $12 per hour, and the new teacher starting salary will be $58,500, Rice said. The cost of the raises is $12.5 million.

Rice said CISD will fund 78 new positions within the district in the next school year. Payroll will take up 89.7% of the 2021-22 budget, according to the presentation.

By Ally Bolender

Reporter, The Woodlands

Ally joined Community Impact Newspaper as a reporter in May 2021 after graduating with a degree in journalism from Texas State University. Ally covers education, local government, transportation, business, and real estate development in The Woodlands. Prior to CI, Ally served as news content manager of KTSW FM-89.9 in San Marcos, Texas.



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