BUDGET/TAX RATE TO BE DISCUSSED MONDAY BY SCHOOL BOARD

  

The Brenham School Board is expected to set the tax rate when they meet Monday night.

The Board of Trustees will hear public comments on the 2015-2016 proposed tax rate and the 2015-2016 proposed budget, when they meet at 5:30 at Brenham High School.

The board voted two weeks ago to maintain the current rate of one-dollar-13-and-a-half cents per $100 valuation.

With a significant increase in local property values, the rate will bring in more revenue to help pay for the proposed $42-million budget.

By keeping the rate at 1.135, the district will bring in an additional $1,182,384 in property tax dollars.  Finance Director Kim Horne says that the district's income will not increase by that amount because the state reduces it's funding as the tax base increases.

At a July meeting, the board approved a 4.69 percent midpoint pay increase for all district employees.  The maintenance and operations budget for this coming school year will increase just over 2 percent while debt service will decrease by 11 percent.  That equates to a 1.27 percent increase over last year.

The Board of Trustees will meet in rooms 111 and 113 at Brenham High School on Ehrig Dr.