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Flour Bluff ISD proposes higher tax rate to cover debt while wrestling with a projected operating gap
Summary
Financial staff proposed an I&S tax rate of 30.3' to cover debt service and a combined proposed rate of 1.9691 per $100 of assessed value; staff warned of a projected general-fund shortfall (roughly $1.6M to $2.6M depending on assumptions) and recommended conservative budgeting and a public hearing Aug. 27.
District financial staff presented certified values and a proposed tax plan to trustees. Staff said certified assessed value rose slightly from about $7.10 billion in 2025 to roughly $7.20 billion in 2026, but exemptions and protests lowered the taxable base to about $3.9 billion; to meet debt-service obligations staff recommended an I&S rate of 30.3 cents per $100 of assessed value and a proposed combined rate of 1.9691.
Board members pressed staff about the district's fund balance and operating shortfall. Staff said a conservative approach is to budget without relying on uncertain special-education or teacher incentive allotment revenue; trustees debated whether to supplement the budget with fund-balance dollars to present a balanced budget. Staff set a public hearing and adoption timeline (public budget hearing and tax-rate adoption in late August) and said there were no formal votes at the workshop.
