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Corsicana ISD finance director: state funding flat since 2019, attendance drives dollars
Summary
Director of finance Sean Case told the board the district’s state per‑student base has not increased since February 2019, attendance (ADA/WADA) determines funding and the district’s total tax rate is 0.862; payroll accounts for roughly 80–84% of the operating budget of about $65 million.
Sean Case, Corsicana ISD director of finance, briefed trustees on school finance fundamentals at the March 17 board meeting and warned that state funding formulas have not been adjusted for inflation since February 2019.
Case said the district’s total property tax rate is currently 0.862 and explained the two components trustees commonly see: maintenance and operations (M&O) — which pays salaries, classroom costs and day‑to‑day operations — and interest and sinking (I&S), which is restricted to paying voter‑approved bond debt. He told the board…
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