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Trustees get detailed school finance briefing; officials outline tax options, efficiency audit and potential TRE
Summary
District finance leaders told trustees that Northside receives roughly half of its revenue from local property taxes and half from the state, outlined the ‘‘golden pennies’’ and copper penny tax structure, and said a voter-approved tax ratification election (TRE) could be needed in fall 2026 to bolster the operating budget.
Deputy Superintendent Megan Bradley and other administrators briefed the Northside Board of Trustees on the district’s revenue structure, state and local funding mechanics, and options trustees may consider to address budget shortfalls.
Bradley told trustees that the district’s operating revenue derives roughly 50% from local property taxes and 50% from state funding. She said the district adopts three budgets annually — the general (maintenance and operations), the child nutrition fund and the debt service fund — and that the Texas Education Agency’s Financial Integrity Rating System of Texas (FIRST) is a recurring compliance report the board receives. Bradley and other presenters emphasized that state aid is tied to student attendance while district…
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