CITY & SCHOOLS
News from Northwest ISD, Fort Worth, Keller & Trophy Club
Approved 202324 budget includes $2.9M decit
WHERE IT COMES FROM Breakdown of Northwest ISD funding sources
BY MARK FADDEN
pay raise for all sta for the 2023-24 school year. “Fifty-eight cents of every dollar goes straight into the classroom,” Pastusek said. He then talked about how recap- ture aects the district’s nances. “For every dollar we receive, about 6 cents goes back to recapture,” said Pastusek. “[Our recapture payment] is about twice the administrative costs, or if you add co-curricular and
administrative together, that’s about the same as our recapture [cost].” According to Texas School Coali- tion, recapture, also known as “Robin Hood,” allows the state of Texas to remove local property tax dollars from public school districts and use these dollars to help balance the rest of the state budget. Recapture removes $5 billion per year from Texas school districts.
NORTHWEST ISD The board of trustees approved the scal year 2023-24 budget at its June 26 meeting. Chief Financial Ocer Jonathan Pastusek presented a $323 million budget, which includes a $2.9 million shortfall. According to previous Community Impact reporting, the FY 2023-24 budget also includes a 3% midpoint
1% Federal
$1.00 of funding
9% State
90% property tax/local
SOURCE: NORTHWEST ISDCOMMUNITY IMPACT
After $7.6M in delays, new council chambers receives permit
BY MARK FADDEN
Changes that include redesigning council chambers, along with new permitting fees, accounted for $7.6 million in additional costs. According to the news release, city ocials expect to host the rst council meeting in the new facility during the winter of 2024-25.
Pier 1 headquarters site. The location will house multiple city departments in one building when completed. The council chambers footprint was altered to comply with federal regulations after Tarrant Regional Water District ocials informed city sta the council chambers construc- tion site was in a federal oodway.
FORT WORTH After permitting delays put the new city hall project on pause for several months, the city has received a Federal 408 oodway easement permit. According to the city, the permit now allows construction to begin on a new council chambers at the former
Fort Worth City Hall saw the price increase by $7.6 million after changes in the plan.
MARK FADDENCOMMUNITY IMPACT
PREGNANCY HELP 4 U LADIES TEA PARTY
Guest Speaker: Rebecca Lamb
Sponsorship Opportunities Available Heritage Trace Church Of Christ $40 per ticket • $75 for 2 tickets • $300 Table Host of 8
10
COMMUNITYIMPACT.COM
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