HUNTINGTON — Huntington ISD trustees on Thursday set the 2019-20 tax rate at $1.3422.
Because the district’s budget year begins in July, HISD has to have an approved budget by the start of the month. The current budget is based on projected revenue, property values, tax rate and changes to the budget process made by House Bill 3. That legislation provided increased funding for school districts with certain requirements on how to spend that money. Trustees expect to amend the budget in the coming weeks.
“We’re still trying to figure out what the impact is going to be,” Glenn Frank, the assistant superintendent for business, said. “A lot of districts across the state are already proposing these salary increases in these budgets now — these July starts — but we decided we wanted to slow down and get it right. Just give ourselves a little time.”
The tax rate includes $1.17 for maintenance and operations plus $.1722 for the interest and sinking budget (the bond). The 2019-20 rate is down from both the 2017-18 rate of $1.45 and the 2018-19 rate of $1.39.
HB 3 is expected to require the board to adjust several parts of the HISD budget and will require HISD to approve a different tax rate in July, Superintendent David Flowers said. They’ve determined they will likely approve the rate of $1.0684 for M&O and keep the same I&S rate.
The total general fund projected revenue for 2019-20 is $16.82 million to cover maintenance and operations, which is down by $1.6 million last year. The 2019-20 budget is $16 million.
Salaries will increase this year because of HB 3 and that amount will be approved as a budget amendment in July, Frank said. The current budget sets salaries at just over $8 million.
Revenue from I&S expected to be $1,318,000 and trustees anticipate spending $1,316,600.
The expected revenue and cost for the district’s child nutrition program is $986,000.
The budget also allows for the purchase of six new buses at a cost of $500,000. Every five years the district buys six new buses and plans to use the six oldest buses as substitutes, Frank said. The buses currently being used as substitutes will then be auctioned off, he said.
In other business, the board also:
■ Discussed the annual Title I meeting/ Texas School Health Advisory Committee report.
■ Tabled any discussion on the athletics report until the next meeting.
■ Approved an amendment to the lease agreement with the Huntington Memorial Library Association.
■ Approved the Texas Association of School Boards recommendations for cleaning up of wording on board authority, school property disposal, food and nutrition and special needs classrooms.
■ Trustees extended Superintendent David Flowers’ contract by three years, making his current contract for five years and increasing his compensation by $5,500. In addition, trustees approved contracts for administrative professional personnel, including campus principals.