News Flash

Home

Posted on: July 18, 2019

New money to schools - Wise County Texas

By Richard Greene - Wise County Messenger

With the newly adopted school finance bill, House Bill 3, local school districts are expected to see an increase in state funding this coming school year. The amount of the increase is still to be determined.

Gov. Greg Abbott signed the $11.6 billion school finance bill this week, which included $6.5 billion in new education spending and $5.1 billion toward property tax relief. It provides an increase in teacher pay, reduction in recapture and provides money for a full-day of pre-K for eligible 4-year-olds.

Rep. Phil King (R-Weatherford) said the legislature and state took enormous steps in helping schools and taxpayers with the bill.

“We’ve slowed the growth in local property taxes,” King said. “We’re turning the bus around. The state’s committed to growing its expenditures, while holding down local taxes. It’s a major victory for public education.”

Many local school officials agreed it is a step in the right direction.

“I appreciate the effort and the increased funding definitely helps us,” said Alvord ISD Superintendent Randy Brown. “With the initial run of the numbers, we don’t know how much of an impact it will have.”

Decatur ISD Superintendent Judi Whitis added: “We certainly welcome the increased funding. Initially, it looks great. We will have to wait to see what it means for the future and the sustainability.”

Based on last year’s values and an estimate of average daily attendance, the legislative budget board released projections for all the districts in the state. The projected maintenance and operations revenue increases for Wise County schools and new compressed tax rates were:

  • Alvord ISD – $822,644; tax rate decreases from $1.17 to $1.06.
  • Boyd ISD – $692,455; tax rate decreases from $1.04 to 97 cents.
  • Bridgeport ISD – $620,945; tax rate decreases from $1.04 to 97 cents.
  • Chico ISD – $368,468; tax rate decreases from $1.04 to 97 cents.
  • Decatur ISD – $1,955,033; tax rate decreases from $1.04 to 97 cents.
  • Northwest ISD – $15,433,927; tax rate decreases from $1.04 to 97 cents.
  • Paradise ISD – $1,385,437; tax rate decreases from $1.04 to 97 cents.
  • Slidell ISD – $309,153; tax rate decreases from $1.06 to 99 cents.

Local school officials warn the revenue increases are less using updated attendance and preliminary values.

Paradise ISD Superintendent Paul Uttley said his district’s projections are an estimated increase of $700,000 rather than $1.3 million.

Brown said Alvord’s increase will likely be closer to $500,000.

The increases in funding are tied to funding for staff members. A memo from Texas Education Agency Commissioner Mike Morath to districts this week reminded districts: “a school district must use at least 30 percent of the amount to provide compensation increases to full-time employees other than administrators.” Additionally, “75 percent must be used to increase the compensation paid to classroom teachers, full-time librarians, full-time school counselors certified and full-time school nurses.”

Bridgeport ISD set its new salary schedule Monday, increasing annual salaries for teachers and administrators by an average of $2,700 per position.

Whitis said Decatur ISD will be looking at its salary schedule.

Brown indicated Alvord ISD will likely take action after certified values are received in July to get the most accurate information to make adjustments.

“I’ve talked with some superintendents that are waiting until August,” Brown said.

The bill eliminates recapture, where local districts considered property wealthy send money to the state, for all but Slidell ISD. Northwest ISD was looking at $24.5 million in recapture, Chico ISD $612,069 and Alvord ISD $11,230. Slidell ISD’s recapture was reduced from $639,340 to $18,376.

View original Wise County Messenger Article.

Facebook Twitter Email

Other News in Home

Friendsgiving Feast

Posted on: November 14, 2019
Texas Real Estate Center

Monthly Review of the Texas Economy

Posted on: November 18, 2019

Veteran Benefit Auction - Valor Ranch

Posted on: November 20, 2019

Family Fun Night at Nock It Archery Center

Posted on: November 22, 2019

The North Texas Economic Forum

Posted on: December 2, 2019

Texas Economic Indicators

Posted on: December 4, 2019

Save the Date - Sportsmen Banquet

Posted on: December 12, 2019
WC Messenger

County’s sales taxes continue to roll in

Posted on: February 10, 2020
Energy Worldnet Logo

Soft Skills Workshop in Wise County, Texas

Posted on: February 11, 2020

Texas #3 Best State for Business

Posted on: August 19, 2019

Home Prices Soar in July

Posted on: September 4, 2019

Poco Graphite Celebrating 50 Years

Posted on: September 10, 2019

Decatur ISD Job Draws Interest

Posted on: September 18, 2019

Boo Bash in Downtown Decatur

Posted on: September 23, 2019

Shannon receives contract extension

Posted on: September 25, 2019

State Fair of Texas Time

Posted on: September 27, 2019

Dallas-Fort Worth Area Employment

Posted on: October 1, 2019

TEDC's 2019 Annual Conference

Posted on: October 3, 2019

Wise County Business Workshop

Posted on: October 8, 2019

Orscheln Farm & Home Opening Soon!

Posted on: October 11, 2019
Business News Daily

How to Run a Business in Texas

Posted on: October 15, 2019
Business News Daily

How to Run a Business in Texas

Posted on: October 15, 2019

2019 Wise County Business Workshop

Posted on: October 21, 2019

Successful Wise County Business Workshop

Posted on: October 29, 2019

TODAY IS ELECTION DAY!

Posted on: November 5, 2019
Sweet Chicks Dessert Shoppe Decatur TX

Sweet Chicks Dessert Shoppe Opening

Posted on: November 7, 2019
BLS

Dallas-Fort Worth Area Employment

Posted on: July 24, 2019

Real Estate Market Remains Steady

Posted on: July 30, 2019

Decatur Eyes Tax Rate Decrease

Posted on: August 2, 2019

August 2019 Texas Economic Outlook

Posted on: August 7, 2019
DecaturISD_RGB_HiRes

Decatur ISD Discusses Budget

Posted on: August 14, 2019

Texas VS Oklahoma Chute Out

Posted on: June 24, 2019