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Bryson ISD approves tax rate, budget

Tue, 09/07/2021 - 6:04 pm

BRYSON – Bryson ISD approved its fiscal year 2021-22 budget as part of their board meeting Monday, Aug. 30.

The district moved its regular meeting from the third Monday to right before the 20-21 fiscal year ends. The district’s tax rate dropped from $0.9664 cents per $100 valuation to $0.9634 for maintenance and operation, while the interest and sinking rate remained the same at $0.44 for a combined rate of $1.4034. Both revenue and expenditures will be $3,639,553.

BISD Superintendent Greg London said the property value for maintenance and operation went up $40 million from $153 million to $193 million while property value for I-S dropped $26 million from $219 million to $193 million.

The district is expected to collect an additional $400,000 this year at $1.8 million compared to last year’s $1.4 million. The district will be getting $100,000 less funds from the state. Local revenue per student will raise from $10,338 last year to $11,875 per student this year.

For the full story, see the Wednesday, Sept. 8, edition of the Jacksboro Herald-Gazette.