Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Socorro ISD board adopts 2025'26 proposed budget after public hearing; tax rate and efficiency audit discussed
Summary
At a public hearing June 24 trustees considered the proposed FY 2025'26 budget and tax-rate timeline. Administration presented assumptions including a projected enrollment decline of 772 students, a projected 13.84% rise in preliminary property values and $26 million in new state funding via House Bill 2; the board approved the budget.
The Socorro Independent School District board held a public hearing June 24 and approved the proposed fiscal 2025'26 budget after administration presented revenue, enrollment and tax-rate assumptions the board will use while finalizing the tax rate later this summer.
Chief financial officer David Solis said the proposed budget assumes a projected enrollment decline of about 772 students, for a budgeted enrollment of roughly 45,900 students and an estimated average daily attendance (ADA) of 41,540. Preliminary appraisal data released April 30 showed a projected increase in property values of 13.84 percent, Solis said, but he cautioned the number would change when new homestead and business…
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
