TISD Adopts Budgets, Tax Rate
Posted/updated on: August 28, 2011 at 3:54 pm
TYLER — The Tyler ISD The Board of Trustees has adopted the 2011-2012 budgets as they were submitted by the administration. The general fund budget totals $129.9 million, which reflects a $6.9 decrease in state funding. The other budgets adopted were food service for $8.9 million and debt service for $23.9 million. The Board of Trustees adopted the proposed $1.375 tax rate, which reflects no change from last year. By keeping the tax rate flat, Tyler ISD will be able to prepay current bonds and avoid roughly $9.5 million in future taxes.
