School budget and tax rate on agenda

DISTRICT MONEY

A public meeting to discuss the Dripping Springs ISD 2018-19 budget and proposed tax rate will be held at the June 25 Board of Trustees meeting. The budget/tax rate public meeting will be the first item on the agenda beginning at 6:00 p.m. DSISD Board meetings are held in the Board Room at the Administration Building, 510 W. Mercer St.

A complete overview of the proposed budget previously was shared with the Board at a budget workshop in May. An overview is available on the Dripping Springs ISD website (www.dsisdtx.us/budget). (A quick link at the bottom of the homepage also leads there.) The fiscal year begins July 1, 2018.

The proposed tax rate is the same as the current rate: $1.17 per $100 property value for Maintenance and Operations and $.35 per $100 for Debt Service for a total rate of $1.52 per $100 property value. This tax rate has not changes since 2014.

DSISD student enrollment this year is approximately 6,500 students, and increase of more than 8 percent from 2016-17. Growth is projected to continue at a pace of 7 percent for the 2018-19 school year.