Hutto ISD trustees approved a proposal for the school district's operating budget for the 2026-2027 financial year in June.
What you need to know
The district's operating budget, also known as the general fund, is used for daily operational expenses such as payroll and transportation. This budget was passed with planned expenditures equal to expected revenues for this financial year, which is also known as a balanced budget.
The balanced budget passed June 25 for the 2026-27 financial year—which starts July 1—is the first in six years, according to the district.
The details
The approved budget balances $134.5 million in planned expenses against $134.5 million in expected revenue from local property taxes, state and federal funding.
The district is proposing the same tax rate as the 2025-26 financial year, $0.7552 per $100 of valuation to fund maintenance and operations and $0.45 per $100 of valuation to service district debts, such as bonds. The total tax rate proposed will be $1.2052 per $100 of valuation, but that could go down, district staff said, if property values increase.
What's next?
The district will hold a separate meeting and vote to ratify its tax rate for the 2026-27 financial year later this summer.
