The Granbury Independent School District (GISD) Board convened on August 21, 2023, to address several key agenda items, including policy approvals, budget considerations, and a proposed tax rate adjustment.

The meeting commenced with the approval of the local EFB policy, which passed with a vote of 5-0, with two members opposing. Following this, the board discussed the technology department's recycling processes for the 2023-2024 school year. The recommendation to continue using STS Electronic Recycling for disposing of outdated equipment was approved unanimously. The technology purchases exceeding $100,000 were also approved, with a total expenditure of $1,015,000 earmarked for essential equipment and services.

Next, the board reviewed the 2023-2024 student code of conduct and handbook. While the handbook does not require board approval, the student code of conduct must be approved every other year. The board unanimously approved the updated code, which reflects recent legal and procedural changes.

A significant discussion centered around the adoption of an order authorizing the defeasance and redemption of a portion of GISD's unlimited tax refunding bonds. This action is projected to save taxpayers approximately $938,153 in interest, contributing to a total savings of over $26 million since 2005. The board approved this measure unanimously.

The board then moved to adopt the general operating, child nutrition, and debt service budgets for the upcoming year. Two compensation plans were presented: one contingent on the approval of a voter-approved tax rate election (VATRE) in November, which would provide a 10% raise for staff, while the other plan would maintain current compensation levels. The budgets were approved unanimously.

The proposed tax rate of 93.42 cents was discussed, which includes a reduction in the maintenance and operations rate. This adjustment aims to balance the need for local funding while providing tax relief to residents. The board approved the tax rate unanimously.

Finally, the board discussed the VATRE, which is set for a vote on November 7, 2023. This election is crucial for funding the proposed salary increases for staff, addressing long-standing compensation disparities compared to neighboring districts. The board emphasized the importance of informing the community about the implications of this election.

In conclusion, the GISD Board meeting addressed critical financial and operational matters, with unanimous approvals reflecting a commitment to enhancing educational resources and supporting staff compensation. The upcoming VATRE will be pivotal in shaping the district's financial landscape moving forward.