The Round Rock ISD board of trustees adopted a general operating budget of $339.4 million for the 2013–14 fiscal year June 20.

Ramiro Flores, RRISD's deputy superintendent of administration, said it is possible that when the district receives its certified property values July 25, RRISD's property tax rate could be lowered by one cent to $1.37 per $100 valuation. The certified property values help to determine the property tax rate, Flores said. The current property tax rate is $1.38 per valuation. The 2013–14 property tax rate will be adopted in September or October, Flores said.

The district will face a smaller deficit than last year, as Gov. Rick Perry signed off on Senate Bill 1, the state's general appropriations bill for the 2013–14 budget, which will provide and increase of $5.8 million for 2013–14 and an additional $6.3 million for 2014–15. The district's projected revenue is $335.4 million, which includes an increase for 760 students for 2013–14.

The estimated deficit for 2013–14 is about $3.9 million. The deficit in 2012–13 was $6.9 million.

The 2013–14 budget includes salary increases for teachers, librarians, registered nurses and other eligible full-time employees and an additional $1.4 million for employee healthcare. Funds for healthcare increases will come from the general funds budget and fund balance.

To learn more about the 2013–14 budget, view the details here. For more information about the last year's budget, read our previous coverage.