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Falls City ISD works on FY 2013 budget
FALLS CITY -- The Falls City Independent School District’s budget and tax rate process is under way. The board has set a meeting for Wednesday, Aug. 1, at 7 p.m., in which it will set the dates of public hearings to decide the district’s budget and tax rate for the 2012-13 school year.
Superintendent’s Secretary Terri Crawford said after the July 25 regular meeting that the board likely will hold these hearings Aug. 29. The board reached a consensus that it will hold its regular August meeting on this date, instead of Aug. 15.
Crawford said the district estimates revenues of $5 million for the upcoming school year. Among the items being considered for the budget, which the district is working to balance, is purchasing land for future growth.
Last year, the district adopted a $3,772,872 budget for the 2011-12 school year. It is supported by a total property-tax rate of $1.1378 per $100 of assessed property value. The rate included $1.04 for maintenance and operations and 9.78 cents for debt service.
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