How we got here
CISD Chief Financial Officer Karen Garza presented the tax rate and proposed FY 2025-26 budget at the Aug. 5 meeting, as previously reported. The FY 2025-26 budget includes $761.05 million in both projected estimated revenues and expenditures.
The tax rate of $0.9496 per $100 valuation is the same as FY 2024-25.
Garza said 89% of the budget goes to payroll services, totaling approximately $679.5 million of the $761.05 million in expenses.What else
A resolution was passed Aug. 19 to adopt the 2025 tax rate of $0.6696 per $100 valuation for maintenance and operations and $0.28 for debt service per $100 of taxable valuation, as outlined in the board packet.
What’s next
The next board meeting will be held at 6 p.m. Sept. 2 at the Deane L. Sadler Administration/Technology Center at 3205 W. Davis St. in Conroe.