Pearland Friendswood Edition | July 2022

EDUCATION BRIEFS

News from Alvin ISD & Pearland ISD

COMPILED BY DANIEL WEEKS & ANDY YANEZ

Friendswood ISD will meet at 5:45 p.m. July 19 at 402 Laurel Drive, Friendswood. Alvin ISD will meet at noon Aug. 3 for a workshop and 7 p.m. Aug. 9 for a regular meeting at 301 E. House St., Alvin. Meeting recordings are posted to the district’s YouTube channel. MEETINGS WE COVER OTHER HIGHLIGHTS PEARLAND ISD The board of trustees at its June 14 regular meeting approved the fiscal year 2022-23 budget in an unanimous vote. PISD is expected to see $236.06 million in total revenue, $128.7 million of which comes from local sources. Additionally, the estimated tax rate, which will be finalized at a future meeting, is $1.2931 per $100 valuation, Chief Financial Officer Jorgannie Carter said. PISD expects to have $243.43 million in expenditures for the 2022- 23 school year. The district will end with a deficit of $7.37 million for the school year. Some $170.78 million of the district’s expenditures is designated for payroll costs, Carter said. The trustees in April approved a 2% raise across the board for the 2022-23 school year.

Alvin ISD seeks tax reduction for first time since 2018-19 school year ALVIN ISD The board of trustees held its annual budget and tax rate public hearing June 14 to approve the fiscal year 2022-23 budget and tentative tax rate. Chief Financial Officer Daniel Combs presented a budget report to the board as the culmination of the six-month budgeting process. The projected FY 2022-23 tax rate is $1.3777 per $100 valuation. This is a $0.02 decrease from the approved tax rate for the previous three years: $1.3977. In 2018, the board committed to maintaining a tax rate at or below $1.45 per $100 of valuation. Under the new tax rate, the owner of a $250,000 home would pay $3,444.25 in property taxes to AISD compared to $3,494.25 under the FY 2021-22 rate—a savings of $50. While the budget and projected tax rate were unani- mously approved by the board, the tax rate is not final. “Many people don’t understand this: [The Texas Educa- tion Agency] calculates Alvin ISD’s annual tax rate, not the Alvin ISD board,” Combs said. The rate will remain tentative until further notice from the TEA. According to the presentation, the TEA will send a maximum compressed tax rate to the AISD board in August, and the rate is anticipated to be adopted in September. According to Combs’ presentation, the total projected budget for the upcoming school year is $339.85 million,

TAX RATE DROP

Alvin ISD’s proposed tax rate for fiscal year 2022-23 is lower than it was in previous years.

$1.50 $1.475 $1.45 $1.425 $1.40 $1.375 0

School year

*PER $100 VALUATION **TAX RATE NOT YET FINAL

SOURCE: ALVIN ISD/COMMUNITY IMPACT NEWSPAPER

a 6% increase from the previous school year’s budget of $320.40 million. The general fund expenditures budget, or how the budget is projected to be spent, shows 61.8% of the budget will be geared toward instruction. According to Combs’ presentation, this is higher than the FY 2020-21 statewide average of 58.9% of district budget spent on instructional services. Compared to the FY 2021-22 budget, an additional approximately $3 million will be allocated toward the main- tenance of district property, and an additional $556,000 will be spent on police. The board previously approved a 3% raise for all staff for the 2022-23 school year and a starting salary for teachers at $61,100. These items are included in the budget.

*Purchase a select Perry home in Houston and choose one financing incentive. The interest rate buy down and locked in interest rate long term offers are subject to qualifications and restrictions apply. The closing costs offer of up to $10,000 consists of Perry Homes paying up to $10,000 in closing costs (including pre-paid items). The amount that Perry Homes can pay for closing costs will be subject to and determined by federal regulations, the amount of the mortgage, type of the mortgage loan selected by purchaser and other requirements to a combined maximum of 3% of the contract sales price. Lower sales prices may not receive the full $10,000. The closings costs, interest rate buy down and locked in interest rate offers are available if purchaser qualifies and obtains financing through Crestmark Mortgage Company or Parkstone Mortgage, LLC, as applicable. Purchasers financing their home purchase with Crestmark or Parkstone will receive the full benefit of this offer from Perry Homes. Additional details are available from these lenders. The promotional offer is available on select homes in Houston when the purchaser presents this flyer upon initial visit to a Perry Homes Model Home and signs the initial earnest money contract between 07/01/2022 – 07/31/2022. One promotional offer per contract. Purchaser may not combine this offer with other offers published by Perry Homes and/or Britton Homes. Offers, plans, prices, and availability are subject to change without notice. All trademarks, product names, brands and logos remain property of their respective holders. Their use in no way indicates any relationship, endorsement, or sponsorship between Perry Homes and the holders of said trademarks. See Sales Professional for details. (06/22)

10

COMMUNITY IMPACT NEWSPAPER • COMMUNITYIMPACT.COM

Powered by