The Brownwood school board will consider a balanced budget funded by a tax levy no greater than the current rate, and the budget also includes a slight salary increase for employees in the 2011-2012 year.
"After a very stressful spring and summer, the budget has worked out," Deputy Superintendent Kevin Gabaree told board members Monday evening. He added that "not many school districts" in Texas have been able to propose such a budget.
Board members will meet at 5:30 p.m. Monday, Aug. 15, in a budget workshop to iron out details. On Monday, the board approved the administration's recommendation to publish a tax rate on Aug. 19 showing a $1.04 per $100 property valuation for maintenance and operations, and 27.47 cents for the interest and sinking fund, or debt. Both figures are the same as were carried in the 2010-2011 year.
However, Gabaree said those numbers are conservative, because he expects the final rate -- which the board is expected to approve on Aug. 29 -- will be 1 to 1.3 cents less, all reductions from the debt service side, Superintendent Dr. Reece Blincoe said. The publication of those figures in effect will set a cap on the tax rate. The district can elect to lower the rate, but cannot go higher.
"We are waiting on some numbers from the appraisal district," Gabaree said.
This week, the administrative is working with campus principals going line by line to make certain all 500 or so employees are included in the budget, and that their salaries are coded correctly.
The new fiscal year begins Sept. 1, even though classes open Aug. 22.