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Giddings ISD adopts $25.16 million budget, sets tax rate at $0.80888
Summary
The Giddings Independent School District Board of Trustees on Aug. 21 approved the district's 2025–26 budget totaling $25,160,314, adopted 2024–25 budget amendments and set a total tax rate of $0.80888 per $100 valuation. Trustees also received information on a Lee County contract to collect district property taxes for the 2025 tax year.
The Giddings Independent School District Board of Trustees approved the 2025'026 adopted budget of $25,160,314 and a total tax rate of $0.80888 per $100 valuation at its Aug. 21 regular meeting. The tax rate is composed of $0.66180 for maintenance and operations and $0.14708 for interest and sinking. The budget passed by a 6'0 vote with one trustee absent.
The board also approved 2024'025 budget amendments before adopting the 2025'026 budget. The district reported an estimated $68,000 surplus for 2024'025 and listed fund balances and the primary revenue sources: $13,573,872 in local and intermediate revenue, $10,458,420 in state program revenue and $1,196,022 in federal revenue. Major adopted expenditures include $12,293,884 for instruction,…
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