Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget Tax Rate topic
No spam. Unsubscribe anytime.
Stafford officials preview $45.1M 2027 budget and propose 0.78 tax rate
Summary
At a June 25 joint workshop, Stafford Municipal School District staff presented a draft 2026-27 budget showing balanced revenues and expenditures of $45,113,000 and proposed a total tax rate near 0.78. Officials set an Aug. 24 adoption date and warned figures may change when certified values arrive.
Stafford Municipal School District and City of Stafford leaders met June 25 for a joint workshop in which Chief Financial Officer Dobron Ozoff presented the district's first draft of the 2026-27 budget and a proposed tax rate.
Ozoff said the district's proposed budget is balanced at $45,113,000 in both revenues and expenditures and that the district's current maintenance-and-operations (M&O) calculation places the MCR at 0.61. "The total proposed tax rate is 0.78," he said, cautioning the number is subject to change after certified property values arrive late July. Ozoff also noted the district will publish the statutorily required taxpayer impact statement showing estimated median homestead values and the projected tax bill under the draft rate.
Dr. Stevens, who introduced the CFO, reiterated procedural dates: the board and council will return for a second joint workshop Aug. 11 (optional Aug. 18) and plan to adopt the budget and tax rate on Aug. 24, with final tax-rate certification due by the end of September. Staff emphasized the presentation included a new requirement (referred to in the meeting as "HP 15 21") to have a physical copy of the draft budget and the taxpayer impact statement available when the board discusses the budget.
Officials said local and state shares will shift depending on certified values: Ozoff presented estimates showing net taxable values had declined compared with the prior year, in part because of increased homestead exemptions. He emphasized that numbers on the slide were net taxable (post-exemption) and not gross assessed value, and promised additional figures at the next workshop.
