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Sharyland ISD adopts $126.95M 2025–26 budget after public hearing on tax rate

Sharyland ISD Board of Trustees · June 24, 2025
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Summary

Following a public hearing, the Sharyland ISD board adopted the 2025–26 official budget totaling $126,950,961 and approved May tax collection reporting; administration said final certified property values and compression calculations will determine the official tax rate in upcoming weeks.

The Sharyland ISD Board of Trustees adopted the district’s 2025–26 annual budget Tuesday after a public hearing on the proposed budget and tax rate.

Administration walked the board through budget assumptions used to build the plan: projected enrollment of 9,875, a maximum Average Daily Attendance (ADA) of 9,618 and a working ADA assumption of 9,150 (95% attendance) that underlies the budget. Staff explained that certified property values will not be final until July 2025 and that the M&O tax rate will be recalculated after TEA’s mandatory compression exercise. For budgeting purposes the district used a preliminary tax levy totaling an estimated $5,167,292,952 and a composite tax rate of 0.9575.

The official budget documents show: General Fund ~$107.71 million, Child Nutrition program ~$8.78 million, and Debt Service ~$11.16 million, for a total adopted operating budget of $126,950,961. Administration said the district will submit required reports to the Texas Education Agency (TEA) by object codes and function codes and will return to the board for amendments once certified values and M&O compression are finalized.

After public questions and clarifications — including discussion about disaster pennies, valuation protests and the interplay between local tax collections and state funding adjustments — the board approved the budget by voice vote (recorded in the minutes as passing 7–0). The board also approved the May 2025 tax collection report.

Next procedural steps: once the county appraisal district finalizes certified values, staff will run the TEA compression calculation and return to the board to set the exact tax rate and any necessary amendments to appropriations.