Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Eagle Mountain-Saginaw ISD adopts 2025–26 budget, sets tax rate at $1.2457 per $100
Summary
The district approved its 2025–26 general fund and debt budgets, authorized accelerated instruction funding, accepted 2024–25 amendments and set the tax rate at 1.2457 per $100 valuation; board also approved property and casualty insurance and change-order credits.
The Eagle Mountain-Saginaw Independent School District on Aug. 25 adopted a $286.5 million general fund budget for the 2025–26 school year and set the combined property tax rate at $1.2457 per $100 of assessed value, the same overall rate the district levied in 2024.
Board members said the budget includes targeted compensation changes, allocations for accelerated instruction and a projected net use of fund balance of about $16 million for the general fund. The board also approved the district’s property and casualty insurance renewal and several construction change-order credits.
The budget matters because it determines classroom staffing, campus operations and how the district will attempt to close a multi‑million‑dollar shortfall. “We’re going to ask you to adopt a budget tonight with a $16,000,000 deficit,” Superintendent Hollingsworth told the board, and the district outlined a multi‑year…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
