BSISD to adopt new tax rate, work around deficit

BSISD to adopt new tax rate, work around deficit

BIG SPRING, TX (KWES) - At a meeting on Thursday, members of the Big Spring Independent School District gave the public an opportunity to listen to the  decreased tax rate for the upcoming financial year.

The total rate of $1.39 is down from the $1.41 from last year. The adopted rate will see the maintenance costs stay the same at $1.11 per valuation but the debt tax will be down to $0.28 per valuation. New BSISD CFO Susan Bryan said with the district still looking at a $1.5 million dollar deficit, they will keep a close eye on adding to the staff and expenses.

"We are trying not to replace people who are leaving. We are still hiring teachers," said Bryan. What we will be watching closely is the travel and unnecessary as we try to get rid of the fluff," said Bryan

BSISD tells NewsWest 9 the meeting to adopt the new tax rate for the new financial year will be on August 25th.

Copyright 2016 KWES. All rights reserved.