Mineral Wells Index, Mineral Wells, TX

Local News

August 29, 2012

Millsap ISD adopts tax rate, $8.5M 2013 budget

By LIBBY CLUETT | lcluett@mineralwellsindex.com

MILLSAP – Before adopting a proposed $8.5 million budget and tax rate of $1.665, Millsap ISD trustees heard Business Manager Lori Hobbs explain the goals of the budget.

Hobbs’ presentation was part of a public hearing during which no one else spoke.

That aside, Hobbs addressed the 2012-13 school year budget, which begins in September and is “built on anticipated needs … and is functional and flexible.”

In addition the said the needs will be adjusted as the year progresses.

The budget includes a $6.738 million maintenance and operations fund, $406,710 food service fund and $1.439 million debt service fund.

The $1.665 per $100 taxable property value tax rate remains what it has been for the past two years, since the November 2010 tax ratification election. This includes an M&O rate of $1.17 per $100 taxable value and a debt service rate of 49.5 cents.

Read the full story in the Index's eEdition. Log in, subscribe or sign up for a one-week free trial here.

 

1
Text Only
Local News
Featured Ads
Mineral Wells Index


Front page
Seasonal Content
AP Video
Captain of Sunken SKorean Ferry Arrested Raw: Fire Destroys 3 N.J. Beachfront Homes Raw: Pope Presides Over Good Friday Mass Raw: Space X Launches to Space Station Superheroes Descend on Capitol Mall Man Charged in Kansas City Highway Shootings Obama Awards Navy Football Trophy Anti-semitic Leaflets Posted in Eastern Ukraine Raw: Magnitude-7.2 Earthquake Shakes Mexico City Ceremony at MIT Remembers One of Boston's Finest Raw: Students Hurt in Colo. School Bus Crash Raw: Church Tries for Record With Chalk Jesus Raw: Faithful Celebrate Good Friday Worldwide Deadly Avalanche Sweeps Slopes of Mount Everest Police Arrest Suspect in Highway Shootings Drought Concerns May Hurt Lake Tourism Vermont Goat Meat Gives Refugees Taste of Home Calif. Investigators Re-construct Fatal Bus Cras Mayor Rob Ford Launches Re-election Campaign Appellate Court Hears Okla. Gay Marriage Case
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Stocks
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Must Read