Clint ISD Board of Trustees, at their regular board meeting held August 24, 2017 set the tax rate, adopted the official budget and approved the compensation plan for the 2017-2018 school year.
The tax rate for Clint ISD taxpayers will remain the same. The Board adopted a tax rate of $1.406600 for the year (M&O $1.040100 and I&S $0.366500).
The average value of a home in Clint ISD increased to $94,547 which results in an increase of $91.57 in taxes per year.
The Board also adopted a budget of $107.5 million. The budget was prepared based on a number of factors including an approved tax rate, projected student enrollment, and expected attendance rates.
Included in the budget is $3.5 million from the fund balance to purchase up to 30 new school buses to replace older ones. The District currently has a fleet of 105 buses which transport students across 380 square miles of the District.
The 2017-2018 compensation plan and stipend schedules were also approved.
A pay increase of 1% from the midpoint will be provided to all employees who have not reached the maximum of the pay scale. The increase will cost $695,416.