News
School board adopts balanced budget of $15.8 million; tax rate unchanged
The Hondo Independent School District, in its monthly meeting on Monday
evening, Aug. 23, adopted its budget for 2010-11 and set its tax rate
for the coming year.
The HISD approved a balanced budget, with projected operating
expenditures and anticipated revenue coming out to $15,818,963.
The projected revenues are down $563,756 from last year, while
expenditures have been reduced by $702,903.
Stimulus money (State Fiscal Stabilization Funds) coming to the district
will total $669,143 for the coming year.
Trustees opted not to raise the tax rate from its level of a year ago.
Again, taxes will be $1.14 per $100 property valuation. The Maintenance
and Operations rate will be $1.04, and the Interest and Sinking rate
will be 10¢.
In other business at Monday’s board meeting:
• The district will now reimburse travel by private vehicle on school
behalf at the rate of 50¢ per mile.
• The board updated the HISD medication treatment procedures. With
written permission from a parent or guardian, school nurses may now
apply an oral anesthetic for mouth sores or toothaches.
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