Updated June 28 at 3:16 p.m.

The Georgetown ISD board of trustees approved the district’s more than $99 million 2016-17 general fund budget at its June 20 meeting.

The budget includes a 2 percent pay increase for all GISD employees. The increase is based on the midpoint salary for each pay grade, GISD Chief Financial Officer Steve West said.

GISD Superintendent Fred Brent said that the board pushed to have the pay increase included in the budget.

Increasing property values in the district made the pay increase possible, West said. However, increasing values have also resulted in fewer dollars coming to the district from the state, he said.

In the 2015-16 school year, GISD received about $15.9 million from the state, while this upcoming school year that amount will decreased to about $10.5 million.

West said the amount of money the district sends to the state because of recapture, also known as the states Robin Hood plan that requires property rich districts to share their wealth with those that are property poor, would increase to about $3.5 million in 2016-17.

The budget also includes funds to reinstate full-day prekindergarten, a dual language program and four additional counselors for campus-based mental health services, West said.

The board is expected to approve the district’s property tax rate at a later meeting after the Williamson Central Appraisal District certifies property values for GISD. The proposed tax rate is $1.409 per $100 of property value, which is a 1.1 cent increase over the 2015-16 tax rate of $1.398 per $100.

Correction: The story has been updated to reflect the correct amount of money GISD allocated from the state.