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Bishop CISD adopts 2024–25 budgets and sets M&O and I&S tax rates

Bishop Consolidated Independent School District Board of Trustees · August 28, 2024
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Summary

The Board of Trustees adopted the 2024–25 budgets and established funds, and approved maintenance-and-operations and interest-and-sinking tax rates (0.731400 and 0.370482 per $100 valuation, respectively) in unanimous votes at the Aug. 28 regular meeting.

The Bishop Consolidated Independent School District Board of Trustees adopted the district's 2024–25 budgets and established funds for the fiscal year following a motion by Trustee Judy Murdoch and a second by Trustee Jeanette Gonzalez. The motion passed 6-0 during the regular meeting on Aug. 28, 2024.

On the same night the board approved the maintenance and operations tax rate at 0.731400 per $100 valuation and the interest and sinking tax rate at 0.370482 per $100 valuation. Trustee Judy Murdoch moved to adopt the M&O rate (seconded by Trustee Rosie Elizondo) and moved to adopt the I&S rate with Trustee Rey Longoria seconding; each motion passed 6-0 as recorded in the minutes.

The minutes record the adopted numeric rates but do not include revenue projections tied to those rates or specific tax-impact calculations for property owners; those figures are typically prepared by the business office and published with tax notices.