The Harlingen Consolidated Independent School District Board of Trustees approved a tax rate of $1.218 for the 2012 – 2013 school year during its regular meeting Tuesday night.
The administration based the 2012-2013 Budget on a tax rate of $1.218. There was no increase to the tax rate from the previous year.
“We are very pleased with the result,” said George McShan, school board vice president. “Our tax rate is reflective of our strong financial position to maintain and sustain a high quality education for our students.”
The approved tax rate of $1.218 per $100 of taxable property valuation is divided into a maintenance and operations rate of $1.040 and a debt service rate of $0.178.
The board approved a balanced budget of $157.5 million during the August meeting. HCISD has been able to maintain a healthy fund balance while providing all staff with a salary increase of 3.2% per teacher, 3% per administrator and professional staff member and 3.5% per hourly employee.
“This decision continues to support the students, teachers, staff and administration of HCISD during our transformational journey,” said Superintendent Dr. Steve Flores. “The board continues to support the best interests of our community, and I commend them for their actions.”
For more information click here to visit our bond site