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Canyon ISD adopts 2025–26 budget and sets tax rate while projecting a $6.4 million general-fund shortfall
Summary
Trustees approved the district's proposed 2025–26 general fund budget and set a combined tax rate; administrators reported a projected deficit and outlined efficiency and internal-service changes to reduce the gap.
The Canyon ISD Board of Trustees on Aug. 25 approved the district’s proposed 2025–26 budget and set the tax rate for the upcoming year, even as finance staff warned trustees the general fund faces a projected deficit of roughly $6.4 million for 2025–26.
What the board approved: trustees adopted the fiscal-year 2025–26 budget as presented by district finance staff and set the combined tax rate at 0.9292 per $100 of assessed value (M&O 0.6669; I&S 0.2603). The budget and tax-rate motions passed by unanimous votes.
Why it matters: administrators said the district’s certified property values and legislative changes altered state aid calculations and left the district forecasting a multiyear structural gap.…
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