GPISD News

Trustees Pass Budget, Tax Rate

Posted by: Sam Buchmeyer on 8/27/2010

The Board of Trustees unanimously approved the 2010-2011 District budget. This budget is approximately $230,990,811. The proposed budget provides for those items necessary to fund the District’s instructional programs for the 2010-2011 fiscal year. The budget will allow the District to continue to provide the programs necessary to provide our students a quality education. The budget includes the District’s debt service requirements and Food Service budget.

The proposed budget provides for a teacher, librarian, nurse, counselor, etc. base pay raise and a 1.5% of midpoint raise for auxiliary, paraprofessionals, and campus/central administration; unless a salary adjustment was provided. The District will maintain the $301 per employee per month contribution to the health insurance.

The Board of Trustees unanimously approved a tax rate of $1.4650 for 2010-2011. The tax rate includes $1.04 for the M&O (Local Maintenance Fund) and $0.425 for the I&S (Debt Service Fund). This tax rate is the same as the current tax rate.
 

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