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HPISD budget briefing: preliminary 2026–27 taxable value estimated at $28.3B; cumulative recapture since 1995 exceeds $2.16B
Summary
Interim Asst. Supt. for Business Services Scott Drillette briefed the board on 2025–26 year-end projections and 2026–27 planning, reporting a preliminary taxable appraised value estimate of $28.3 billion, a certified 2025–26 TAV of $25.3 billion, and cumulative recapture payments of $2,162,720,914 since 1995; calendar dates were set for a public hearing and budget adoption on June 16, 2026, and tax-rate adoption in August.
Interim Assistant Superintendent for Business Services Scott Drillette presented the Highland Park ISD Board of Trustees with a budget update on May 12, 2026. The briefing covered year-end projections for 2025–26 and planning items for 2026–27, including key calendar dates: a public hearing and budget adoption on June 16, 2026, and tax-rate adoption in August 2026. Drillette said the district's Preliminary Taxable Appraised Values (TAVs) for 2026–27 were estimated at $28.3 billion, up from certified 2025–26 TAVs of $25.3 billion.
The presentation also noted that the district has paid $2,162,720,914 in cumulative recapture since 1995. Drillette summarized local funding impacts since 2021–22 — from Golden Pennies, Bond 2024 and staffing efficiencies — estimating a total annual impact of $13.8 million, or $15,854 per employee. No formal budget adoption occurred at the May 12 work session; the board was provided information to guide upcoming hearings and formal adoption actions in June and August.
