School district adopts balanced 2025-26 budget, discusses tax-rate limits and approves 2024-25 amendment

The school district's governing board at a meeting (date not specified) voted to adopt a balanced 2025-26 general fund budget and reviewed tax-rate calculations, then approved a 2024-25 budget amendment to adjust fund-level allocations.

The budget vote covered three totals: a general fund of $52,237,000, food service of $2,793,000 and debt service of $13,686,000, for a combined total of $68,716,000. "This will be a balanced budget," Speaker 5, Staff member, said when asked if revenues matched expenditures.

Why it matters: The board's action sets the district's principal operating budget for 2025-26 and addresses constraints on property-tax rates that affect how much local revenue the district can collect. During the meeting staff explained that tax-rate decisions are limited by state-driven formulas and the central appraisal district's calculations.

Most important facts: Speaker 5, Staff member, explained that the district is adopting the general-fund budget net of grant funds in certain functions and that the overall general-fund total is $52,237,000. The board discussed the compressed rate (referred to in the meeting as the MCR) and an INS rate; Speaker 5…