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Waco ISD board sets notice for public meeting on proposed 2024-25 budget and tax rate
Summary
Chief Financial Officer Sheryl Davis told trustees the proposed budget and tax rate will be posted Aug. 9, 2024, with a public meeting to be held before the Aug. 22 regular board meeting; the board approved the notice and meeting logistics.
Sheryl Davis, the district's chief financial officer, presented the proposed 2024-25 budget for district funds and funds for which the district serves as fiscal agent, including GWAMA/GWACHA, the Day School for the Deaf Program and the Challenge Academy.
Davis told trustees the proposed tax rate and budget will be posted on Aug. 9, 2024, and that a public meeting to discuss them will take place prior to the board’s Aug. 22, 2024 regular meeting. The minutes record that the board approved a motion to set the proposed tax rate and the date, time and place for the public meeting; Jim Patton moved to approve, Keith Guillory seconded, and the motion passed 7-0.
The board intends to adopt the budget and tax rate after the scheduled public meeting. No specific proposed tax rate percentage or dollar totals were included in the posted minutes; the CFO said the proposed budget covers multiple funds and programs but did not detail dollar amounts in the public minutes.
Why it matters: posting the proposed tax rate starts formal public-notice requirements and triggers a public meeting opportunity for taxpayers to review and comment before final adoption.
What’s next: the proposed budget and tax rate will be posted Aug. 9 and the public meeting will be held before the Aug. 22 regular meeting; adoption is scheduled after that meeting.
