2018-2019 CCISD Budget Approved

2018-2019 CCISD Budget Approved
Posted on 08/30/2018
budgetThe 2018-2019 approved CCISD Budget includes funding a two-percent cost-of-living raise for staff, additional teaching units to accommodate enrollment growth, and thirty (30) additional student safety-related positions. During the Monday, August 27 General School Board Meeting, trustees unanimously approved a $346,576,577 General Fund Budget.

“We appreciate the support of the school board, the residents of the District and business community, all who work cooperatively to ensure the best education for its students and the prudent development of the District,” said Dr. Greg Smith, Superintendent of Schools.

The state’s share of funding the education in the Clear Creek Independent School District continues to decline with today, 70.5% of the district’s revenues coming from local taxes and 27.9% from the State and 1.7% from federal sources.

The $346.6 million budget will not lead to an increase in the total tax rate but will require the board authorization to swap tax rate pennies from the Interest and Sinking Tax Rate to the Maintenance and Operations Tax Rate in order to minimize a budget deficit. This tax rate swap of two pennies is permissible without an election because the Clear Creek Independent School District is located in an area where the governor has requested federal disaster assistance, and sustained damage to school buildings following Hurricane Harvey. To date, Clear Creek ISD has not received FEMA reimbursement for storm damages. The tax swap allows CCISD to maintain normal district operations in the wake of a natural disaster.

On Monday, September 24, 2018, the school board will consider adopting the proposed tax rate of $1.06 per $100 valuation for Maintenance and Operations Tax Rate and $0.34 per $100 valuation, which is the same total tax rate as the prior year.

Click here to view the 2018-2019 CCISD Budget
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