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Fabens ISD approves tax posture, HB2 salary updates and early‑resignation incentive
Summary
The board designated a finance officer to file the approved tax rate, adopted the district’s no‑new‑revenue and voter‑approval rates, approved HB2‑mandated salary‑scale updates for teachers and certain certified staff (retroactive application), and approved a $5,000 early resignation incentive for up to 20 employees.
At the Aug. 20 meeting the board approved a package of fiscal and compensation measures presented by director of finance Lily Nunez.
Nunez asked trustees to designate an officer to upload the approved tax rate to the Truth in Taxation portal and explained the district’s effective (no‑new‑revenue) and voter‑approval tax rates. Administration presented the recommended…
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