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Georgetown ISD staff outline budget outlook as state bills, tax-election rules could reshape revenue
Summary
CFO Jennifer Hannah told trustees that recent legislation and pending bills could materially change the district's revenue outlook; staff plan to adopt a conservative compensation plan in June and continue contingency planning while tracking House Bill 2, Senate Bill 2, VATRE deadlines and property-value adjustments.
Jennifer Hannah, Georgetown ISD's chief financial officer, told the board on May 5 that recent state legislation and pending bills could materially change the district's revenue picture as the district finalizes its 2025-26 budget. "It was passed by the house and the senate, and it was signed by the governor over the weekend," Hannah said of Senate Bill 2, the voucher bill that staff said would allow education savings accounts to begin in the 2026-27 school year.
Hannah said House Bill 2, the school-funding bill the district has tracked closely, passed the Texas House and was under consideration in the Senate with no hearing date; as written in the materials presented, the bill would raise the basic allotment…
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