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East Central ISD approves budgets, leaves tax rate same
EAST CENTRAL -- In advance of the 2012-13 school year, East Central Independent School District’s board of trustees continued making preparations as it addressed the district’s monetary concerns Aug. 23 during its regular meeting.
After receiving help with the prayer and pledge from a few of John Glenn Elementary’s brightest students, Assistant Superintendent for Business and Operations Jim Selby discussed the budgets for both the 2011-12 and 2012-13 school years.
As per the Texas Education Code, an amended budget for last year had to be completed for the board’s review and approval. The old budget was to reflect any revisions or changes since its original adoption in August 2011. The board approved the amended budget.
Selby then reviewed the proposed budget for the current school year, explaining that while many of the numbers were likely to change throughout the course of the school year, they had to start with something. He said the budget of just under $82 million is based on previous expenditures and known expenses for the 2012-13 academic year. Based upon Superintendent Gary Patterson’s recommendation, the trustees unanimously approved the budget.
The other big financial matter of the evening involved the 2012 tax rate. The district’s recommendation was to leave the rate the same at a total of $1.2960 per $100 of assessed property value, and the trustees agreed. A total of $1.04 will be used for maintenance and operations, while 25.60 cents will apply toward interest and sinking, also known as debt service. Board President Steve Bryant pointed out that the rate has remained the same for several years, and that he was pleased by that fact.
**East Central Independent School District Board of Trustees
Aug. 23 regular meeting
In attendance: Board President Steve Bryant; trustees Victor Garza, James Mulkey, Monique Presas, Lynda Billa Burke, Claudia Barrientos, and Randall Gearhart; Superintendent Gary Patterson, Assistant Superintendent for Business and Operations Jim Selby, and various members of the district’s staff and administration.
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