NEWS HEADLINES

District adopts tax rate and budget

By Brandon Evans | Published Wednesday, August 28, 2013

{{{*}}}The tax rate remains the same for residents of the Bridgeport Independent School District.

The seven-member school board voted Monday night at a special called meeting to set the 2013 tax rate at $1.235 per $100 valuation – the same rate adopted by the board last year. $1.04 of that goes to general maintenance and operation of the district, while the remaining 19.5 cents goes for principal and interest on the district’s debt.

The rollback tax rate was $1.25.

The district also adopted a budget totaling just over $18 million in general operating expense, $1.1 million in food services and $2.69 million in debt services.

The bulk of the general operating expense goes to instruction – $9.79 million. Other major expenses include $2.2 million for maintenance, $1 million for school leadership, $850,804 for transportation, $716,792 for extra-curriculars and $608,471 for administration.

The board also approved grading guidelines for the district and reviewed the employee handbook.

The next board meeting is scheduled for 7 p.m. Monday, Sept. 16.

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