August 18, 2025 at 6:30 PM - Public Hearing
Agenda |
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I. Call to Order
Description:
Announcement by the Board President whether a quorum is present and that notice of the meeting has been posted in accordance with the Texas Open Meetings Act, Texas Government Code Chapter 551 as required by law.
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II. Public Hearing
Description:
The Board encourages comments about the district from members of the public. Anyone who has signed up to speak in advance of the meeting in accordance with the Board procedures may do so at this time. The Board asks that each participant's comments pertain to district business and be no longer than 5 minutes. For any member of the public who is accompanied by a translator, your time will be doubled as required by law. Remember that the Board may not discuss or act upon any issues that are not posted on our agenda. In addition, the Board has adopted policies to provide prompt and equitable resolution of complaints and concerns for employees, students or their parents, and the general public. Copies of our district policies and procedures on public comments and filing complaints are available on the district website.
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II.A. Public Hearing to Discuss the 2025-2026 Budget and Proposed Tax Rate
Presenter:
Eric Banfield
Description:
The District is required to hold a Public Hearing to discuss the proposed budget and tax rate for the new year.
A notice has been published in the Williamson County Sun, on August 6, with the time and place of the meeting and the proposed tax rates. The Williamson County Tax Accessor Collector's office prepares the tax rate calculations and notice for the District each year, combining the values from Bell and Williamson counties. TEA controls the level of the Maintenance and Operations tax rate through its MCR process, to compress tax rates based on property value growth. Districts will receive full funding based on student attendance. Schools set the Interest and Sinking fund (INS) tax rate based on the amount of debt service to be paid. Beginning this year, TEA will reduce State hold-harmless funding for debt service in the following year, if the tax collections for debt service and the hold harmless payment, total more than the annual debt service requirement. Any current year overage in INS revenue would be available in fund balances to offset the state hold-harmless aide reduction in the following year.
Attachments:
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III. Adjournment
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