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FISD board approves $18.1M budget

by | Aug 30, 2018 | Latest

The Farmersville Independent School District School Board approved a total budget of $18.1 million for fiscal year 2018-’19, which is $632,167 more than last year.

Board members met in regular session Monday, Aug. 27 to approve the budget after holding a public hearing earlier that evening.

The budget is based on a 12.66 percent growth in taxable property values.

Sources of revenue for the 2018-’19 year are $8.7 million in property taxes, $6.9 million in state funding and $148,800 in federal revenue.

By Morgan Howard • Staff Writer • [email protected]

For the full story see the Aug. 30 edition or subscribe online.

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