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Red Oak ISD presents $102 million proposed 2025–26 budget; projected M&O tax rate to change after state guidance
Summary
At a public hearing trustees heard a presentation on the district's proposed $102 million budget, updated property-value estimates and a projected change in the maintenance-and-operations tax rate linked to state "compression" guidance; trustees did not take a final vote during the hearing.
Doctor Johnston, district staff, presented Red Oak ISD's proposed 2025'26 budget at a public hearing and summarized revenue, expenditure and timing issues for final adoption. "As we are required to do every year before we ask the board to adopt a budget, we have to have a public hearing to get feedback from anybody that wants to provide some feedback," Johnston said.
The package presented to trustees totals about $102,000,000 across the general fund, student nutrition and debt service funds. Johnston listed the major fund figures as roughly $79,000,000 for the general fund, $4,500,000 for student nutrition and $18,200,000 for debt service, and said the district's projected fund balance is about $21,000,000, roughly 27% of the budget.
Johnston said preliminary local property values provided April 30 initially showed a 19.3% increase over the…
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