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Taylor ISD previews $43.8 million operating budget, projects 2,950 students for 2025–26
Summary
Taylor ISD staff presented a proposed 2025–26 general operating budget on June 23, citing projected revenue of about $43.8 million, an estimated enrollment of 2,950 and payroll comprising roughly 83 percent of expenditures.
Taylor ISD finance staff presented the district’s proposed fiscal year 2025–26 budgets at the June 23 board meeting, previewing the general operating budget, child nutrition budget and debt service and explaining factors that could change final figures.
Staff said the district is using a planning enrollment of about 2,950 students with an estimated average daily attendance (ADA) of 2,660 (about 93 percent attendance). The staff presentation listed projected total revenue near $43.8 million and said the operating budget spends about 83 percent of that on payroll. Child nutrition was presented as a balanced budget with about $2.8 million in revenues and expenditures.
Finance staff described several state and legislative variables that could alter the budget before final adoption: guidance still pending from the Texas Education Agency on SB 4 homestead-exemption hold‑harmless calculations; provisions in HB 2 that reclassify some allotments but that also created a teacher and staff retention allotment; and an announced $55 increase for the basic allotment that staff said would be incorporated in an amended budget expected in August. Staff also described a new “basic cost allotment” of $106 per enrolled student in the draft budget for payroll assistance (staff characterized the $106 figure as a new allotment under HB 2 guidance to be applied per enrolled student).
On local revenue, staff said property values for Williamson County portion of the district currently estimate around $2.5 billion, and current planning estimates recapture at roughly $835,000; staff warned those figures are estimates until TEA certifies values in July. Staff also noted one-time and local receipts (including payments connected to Samsung operations in the district) were included in projections and explained prior-year tax collections can flow into current-year revenue totals when the county completes collections on protested properties.
Staff flagged Medicaid (SHARS) reimbursements as lower than earlier expectations: the district anticipated about $80,000 but estimated near $56,000 this year due to prior audit impacts. On debt service, staff said the district is watching House Bill 1453 provisions that can penalize early defeasance of debt, and said trustees will set and adopt the tax rate in August once final state guidance and certified property values are available.
Board members asked clarifying questions about how local receipts are calculated and about assumptions in recapture and retention allotment estimates. No budget adoption vote took place at the meeting; staff said they will return with an amended budget for board consideration and a tax-rate adoption in August.
