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Northwest ISD publishes notice for June budget and tax-rate hearing; prelim figures show modest revenue change
Summary
The board approved the required public notice for the June 23 budget and proposed tax-rate meeting and staff presented preliminary 'truth in taxation' figures, including a proposed maintenance-and-operations (M&O) rate of 0.6522 and an interest-and-sinking (I&S) rate of 0.421.
The Northwest Independent School District board on Monday approved the district’s notice of a public meeting to discuss the proposed budget and tax rate and reviewed preliminary tax and revenue estimates required under Texas’ truth-in-taxation rules.
Jonathan Petusic, staff member (budget presenter), told trustees the notice must be published 10 to 30 days before the public hearing; the scheduled public meeting is June 23. "I hate that it's called truth and taxation because…
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