Breckenridge Texan

BISD Board of Trustees approves budget, tax rate for upcoming year

BISD Board of Trustees approves budget, tax rate for upcoming year
August 31
07:17 2022

By Carla McKeown/Breckenridge Texan

At a special meeting on Monday evening, Aug. 29, the Breckenridge Independent School District’s Board of Trustees voted to approve the 2022-23 budget and set the tax rate for the upcoming year.

Prior to the meeting, the school board held a public hearing for community members to get more information about the budget and the tax rate. However, no citizens showed up for the hearing.

The approved budget is $16,773,705. It combines the operations, cafeteria and debt services budgets. Click here to see a summary of the budget on the BISD website.

The approved tax rate is for .9429 (94.29 cents) per $100 property valuation. That means that for every $100 of a property’s taxable value, the taxpayer will pay 94.29 cents. For example, if a piece of property has a taxable value of $10,000, the taxpayer will owe $94.29 in property taxes to the school district.

That rate is down about four and a half cents from last year, but due to increased property values in the county, it is expected to raise more revenue for the school district.

 

Cutline, top photo: Breckenridge school board members, from right, Roy Russell, Chad Townson, Paul Lippe, Jimmy McKay, Nic McClymond, Carrol Kanady and Superintendent Bryan Allen held a public hearing and a special meeting on Monday, Aug. 29, about the 2022-23 budget and tax rate. No citizens attended the hearing or the meeting. (Photo by Tony Pilkington/Breckenridge Texan)

 


Make sure you don’t miss any of the Breckenridge Texan’s news…click here to sign up for our email newsletter, the Weekly News Roundup. It has links to stories, photo galleries and more! It’s free to sign up, and it comes to you on Monday mornings (sometimes on Tuesdays after a holiday).


 

Print Friendly, PDF & Email

Support The Breckenridge Texan





Archives

Title of the document Sign up for our
e-newsletter
Click Here