Following a public hearing that drew no comment, the Irving ISD Board of Trustees adopted the 2017-2018 budget at its meeting on August 28. It will be funded in part by a $1.4314 tax rate ($1.17 for maintenance and operations and $0.2614 for debt service), a reduction of 1.36 cents in the debt service rate from last year. This lowered tax rate was also approved at the meeting.
“I don’t know that I’ve ever worked as hard with eight people on maintaining and lowering the tax rate as we did,” says Irving ISD Chief Financial Officer Gary Micinski.
The new budget has total general fund expenditures of $340,091,250. Of that amount, 60 percent goes to instruction and less than 3 percent is tabbed for district administrative expenses. For a more detailed breakdown, visit www.irvingisd.net/budget.
