Round Rock ISD adopts $374 million budgetFreeport tax exemption to take effect next year

Round Rock ISD Board of Trustees unanimously adopted a $374 million budget for the 2015-2016 school year—a $12.7 million increase in revenue from last year’s budget. RRISD’s revenue increases are largely due to $9 million in additional funding from the state and an increase in taxes from properties in the district, said Randy Staats, the district’s chief financial officer. He said district property values are expected to go up 12 percent, which would mean more tax revenue for the school district. Round Rock ISD will see 676 more students in the next school year, Staats said. To account for a […]

The post Round Rock ISD adopts $374 million budget
Freeport tax exemption to take effect next year appeared first on Community Impact Newspaper.

Source: Community Impact- Cedar Park