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SAISD sets public hearing date and proposed tax rate; board approves 2025 appraisal roll
Summary
The board voted 6‑0 to set an Aug. 25 public meeting to discuss the 2025‑26 budget and proposed tax rate, set the published proposed tax rate at M&O 0.7122 and I&S 0.3584 (total 1.706), and approved the 2025 appraisal roll; staff detailed revenue increases from state House Bill 2 and a projected balanced budget.
SAN ANGELO, Texas — The San Angelo ISD Board of Trustees voted 6‑0 at the pre‑agenda workshop to set a public hearing for Aug. 25 on the 2025‑26 budget and proposed tax rate, to publish a proposed maintenance and operations (M&O) rate of 0.7122 and an interest and sinking (I&S) rate of 0.3584 for a proposed total tax rate of 1.706, and to approve the district’s 2025 certified appraisal roll as presented.
Why it matters: The published tax rate and the certified appraisal roll begin statutory notification steps that can lead to final tax‑rate adoption. The proposed budget relies on new state funding from House Bill 2 and on assumptions about enrollment, attendance and local collections; trustees will consider final adoption at the Aug. 25 meeting.
During a detailed budget workshop, staff presented revenue and expenditure assumptions for the 2025‑26 fiscal year. Key figures presented included projected total revenue of $138 million, a projected balanced budget, and an estimated funded compensation plan that reflects state‑required teacher raises from HB2 and local adjustments. Staff described a forecast of roughly 11,812 students by year‑end (district membership and attendance assumptions), and noted a projected drop in net taxable value tied to the increase in the homestead exemption from $100,000 to $140,000. The district’s chief appraiser provided values used in the certified roll, and staff said the state’s hold‑harmless payment will offset a portion of property‑value reduction; staff presented a hold‑harmless payment of $3.3 million expected to allow the district to meet bond debt service obligations.
Staff also presented fund balances and cash positions: a committed fund balance of approximately $4.7 million and an unassigned fund balance near $52.8 million were cited; invested funds as of June were reported at roughly $67 million with interest earned about $257,000. The child nutrition fund showed a projected deficit of $327,000 that staff said may be offset by prior fund balance and future grants.
Board action: Trustee [mover] moved to set the public meeting date for Aug. 25, to publish the proposed tax rate (M&O 0.7122; I&S 0.3584; total 1.706) and to approve the 2025 appraisal roll. The motion was seconded by Trustee Gallegos. The motion carried 6‑0.
Ending: Administration recommended trustees submit questions in writing ahead of the Aug. 25 meeting; the board will consider formal budget and tax‑rate adoption at that public hearing.
