WDL-08-2019-1

BY ANDY LI AND KARAMCINTYRE

CISD trustees consider $549.58M budget, staff raises for 2019-20 school year

CISD revenue rising

Rice said he is recommend- ing the creation of this fund after conversations with the community following the failure of the May bond. In the past, Rice said the board has transferred $10 million from the general fund to the debt service fund to keep the tax rate low, but groups such as the Texas Patriot PAC opposed the bond because there were so many mainte- nance projects on the list. “We listened to our focus groups ... and they also brought up these maintenance items. So this is our recommendation to address those items,” Rice said. “This is funding $10 million per year. If there’s a potential bond for five years, that would be up to $50 million that we would pull those items out of a potential bond and pay for those out with cash.”

students, state revenue is expected to be $45.11 million. Although CISD must raise the debt service portion of the tax rate to compensate for tax compression as a result of HB 3, Rice said CISD taxpayers will still see an overall tax rate reduction from $1.28 to $1.235. Raises are planned for teachers, nurses, counselors and librarians in the 2019-20 academic year at 3.5%, with 3.5% raises for administra- tive support, instructional support, auxiliary, police and staff such as parent liaisons, speech pathologists and social workers. It also includes 3% raises for admin- istrative staff and positions such as principals. Besides the requirements from HB 3, the largest new item on the expenditure list is the creation of a $10 million capital maintenance fund.

CONROE ISD The final budget for the Conroe ISD 2019-20 academic year includes an expected tax decrease along- side higher revenue numbers. Chief Financial Officer Darren Rice said at the July 16 meeting the district is pro- jected to have a revenue of $555.62 million and expendi- tures totaling $549.58 million, leaving $6.04 million as a surplus. For comparison, the 2018-19 budget stood with revenue of $502.27 million and expenditures of $495.46 million, with a surplus of $6.81 million. The main change in reve- nue came from House Bill 3, which was signed by Gov. Greg Abbott on June 11. The bill includes requirements for higher teacher raises and funding for full-day pre-K. Combined with the projected increase of CISD enrollment from 62,837 students to 64,187

The Conroe ISD board of trustees meets at 6 p.m. Aug. 20 at 3205 W. Davis St., Conroe. www.conroseisd.net The Magnolia ISD board of trustees meets at 6:30 p.m. Aug. 19 and Sept. 9 at 31141 Nichols Sawmill Road, Magnolia. www.magnoliaisd.org The Tomball ISD board of trustees meets at 5:30 p.m. Sept. 10 at 310 S. Cherry St., Tomball. www.tomballisd.net Rice recommended saving the surplus to support the 2020-21 budget or to cover maintenance projects, bond debt or unexpected expenditures. The board will vote to approve the budget and pro- posed tax rate Aug. 20. MEETINGS

Despite a larger budget projected for the 2019-20

academic year, the overall tax rate is expected to drop, in part because of state revenue as a result of House Bill 3.

Preliminary 2019-20 budget:

Revenue...................... $555.62M Expenditures............... $549.58M Surplus.............................. 6.04M

2018-19 budget

Revenue...................... $502.27M Expenditures............... $495.46M Surplus.............................$6.81M

Projected tax rate reduction:

per $100 assessment

2018-19: $1.28

2019-20: $1.235

SOURCE:CONROE ISD/COMMUNITY IMPACTNEWSPAPER

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The Woodlands edition • August 2019

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