BCISD adopts annual budget; stays firm on 2014 tax rate
August 20, 2013, 7:00 pm by James Walker
The Burnet Consolidated Independent School District board of trustees Monday adopted a budget for the 2013-2014 school year that Superintendent Keith McBurnett said meets the needs and expectations of the district’s stakeholders.
Students, parents, teachers, staff and taxpayers’ interests are reflected in the $24,377,580 budget, McBurnett said.
"With this budget we will be able to maintain and enhance quality instructional and support programs,” he said. "This budget maximizes efficiencies and allows us to keep adequate reserve funds.”
"This is a tight, tight budget,” Sarah Cervi, the district’s director of business and finance, told the board members.
In addition to the budget, the board voted to keep the tax rate the same as this year, $1.2625, consisting of $1.04 for maintenance and operations and $0.2225 for debt service.
The budget also includes a $491,051 transfer from the district’s reserve fund, most of it to accommodate an approximately $350,000 required funding of Career Technical Education programs.
The fund balance is $8,085,176 after the transfer.
A concerted push for greater efficiency during the school year and the budgeting process resulted in savings of more than $500,000, McBurnett said.
The campus consolidation, which resulted in the shuttering of Shady Grove Elementary, saved $375,000, he said.
Other savings included $48,000 on a new
copier contract, $71,000 in changes to the employee benefits program and
$20,000 in waste management improvements.
For the fully story, see Wednesday's Burnet Bulletin
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