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Buna ISD board adopts $1.258 tax rate for 2024–25; unanimous vote
Summary
The Buna ISD Board of Trustees voted 7–0 Aug. 26, 2024, to adopt a tax-rate resolution setting Maintenance & Operations at $0.7580 and Debt Service at $0.500, for a total tax rate of $1.258 per $100 valuation.
The Buna Independent School District Board of Trustees voted unanimously to adopt a tax-rate resolution that sets Maintenance & Operations at $0.7580 and Debt Service at $0.500, for a total tax rate of $1.258 per $100 valuation.
"Joey Broom made a motion that the Board adopt the Tax Rate resolution with the tax rate of $0.7580 for Maintenance & Operations and $0.500 for Debt Service, for a total of $1.258 tax rate for $100 valuation," the meeting minutes state. Trustee Kevin Gomez seconded the motion and the board recorded the vote as A-7, N-0; the motion passed.
The rate approved by the board funds both day-to-day operations (M&O) and the district's debt service obligations; the transcript does not specify an effective start date for the rate. The vote followed a presentation of budget and tax-rate information to the board by Dr. Sharon Mosley, Assistant Superintendent of Finance, which the board cited as the informational basis for the resolution.
The board took no additional amendments to the tax-rate resolution during the session. The meeting record shows no public comments opposing or supporting the specific tax-rate figures during the special session.
