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Board hears budget outlook and sets Aug. 27 public hearing to adopt tax rate

Southwest ISD Board of Trustees · August 21, 2024
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Summary

Finance staff projected roughly $162.7 million in general-fund revenue and about $175.6 million in expenses for 2024–25, producing an estimated $13 million deficit; trustees scheduled a public hearing on Aug. 27 and set a 6 p.m. finalization meeting the same day.

Southwest ISD finance staff on Tuesday presented a budget and tax-rate update and asked trustees to schedule a special meeting to consider the budget and adopt a tax rate.

Finance presenter Scott said the district is projecting nearly $162.67 million in general-fund revenue and roughly $175.59 million in expenses for the coming year, leaving an estimated…

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