The Conroe ISD Board of Trustees approved the 2019-2020 Budget at their meeting on Tuesday, August 20. Key components of the budget include a salary increase for employees as well as funds for a Capital Maintenance Fund. CFO Darrin Rice also provided information on the 2019-2020 proposed tax rate of $1.23 which is $.05 lower than the 2018-2019 tax rate.
In order to adopt a tax rate of $1.23, the Board authorized the use of $1,749,657 of the debt service fund balance to supplement the debt service fund tax rate. With the adoption of the $1.23 tax rate, on average, Conroe ISD residents will see a decrease in their 2019 tax bill.
The presentation of the 2019-2020 tax rate can be viewed on Conroe ISD’s YouTube Channel along with all other Board Meetings.