Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
SCUC ISD budget workshop: trustees signal preference for 41¢ I&S rate; staff outline $8M escrow defeasance option
Summary
Schertz-Cibolo-Universal City ISD administrators presented certified values, fund-balance forecasts and debt-service options at a budget workshop and received a nonbinding board preference for a 41¢ I&S tax rate for 2025–26.
Schertz-Cibolo-Universal City Independent School District administrators briefed the Board of Trustees during a budget workshop on certified property values, projected revenues, fund balances and debt-service options, and sought trustee direction on setting the I&S (interest-and-sinking) tax rate for 2025–26.
Administrators presented updated certified property values (noting a roughly 1.7% change overall in taxable value, with most district value in Guadalupe County and growth in Bexar County) and summarized state legislative changes affecting local revenues and exemptions, including references to Senate Bill 4 and ongoing guidance from TEA about Senate Bill 2. Staff said the district’s general fund is balanced in the proposed budget and estimated fund balance at the start of 2025–26 at just under $53.5 million,…
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
