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)

 


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