Board approves new budget, adopts tax rate

Board approves new budget, adopts tax rate
Posted on 08/26/2019
This is the image for the news article titled Board approves new budget, adopts tax rateThe Los Fresnos CISD Board of Trustees unanimously approved a $122.3 million budget for the 2019-20 fiscal year at a Special Called Meeting Monday.

The adoption of the budget demonstrated the District’s commitment to its fiscal responsibility and support for initiatives that will ensure that Los Fresnos CISD remains one of the top academic school districts in the state.

Trustees approved a budget that keeps the district’s tax rate of $1.18817 per $100 valuation, which is slightly lower than the $1.19 tax rate that has been in place since 2010.

The budget includes various items as discussed in previous meetings including a pay raise based on a graduated scale for every five years of experience for all employees on the Professional Hiring Schedule.

The pay raises are in compliance with HB3 which stipulates that teachers, counselors, librarians and nurses receive a certain percentage of the increase in funding with differentiated increases for teachers with more than five years of experience. It also includes a salary increase of three percent from the mid-point for administrators, clerks and paraprofessionals.

The salary increases were based on the following graduated scale:

Years Professional Experience: Annual Salary Increase
  • 1 to 5 years: $2,000
  • 6 to 10 years: $2,500
  • 11 to 15 years: $3,000
  • 16 to 20 years: $3,500
  • 20+ years: $4,000

The budget includes an annual increase of $360 toward insurance premiums for all employees in the district health insurance plan.

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