CISD adopts budget, lowers tax rate for fifth-consecutive year
At Monday, August 28, school board meeting, Crandall ISD Trustees adopted a $64,363,304 general operating budget for the 2023-24 school year and lowered the district's tax rate for the fifth consecutive time.
The new $1.1692 tax rate has dropped 38 cents in the past five years after standing at $1.54 in 2018-19.
In response to the needs and aspirations of the community, the Crandall Independent School District has taken a proactive step to alleviate the financial burden on residents. The school district has effectively lowered the tax rate following careful financial planning and prudent management. This reduction reflects the district's dedication to responsible fiscal management and ensures that families can better allocate their hard-earned resources towards their personal goals and investments.
The new budget reflects a 12-percent increase from last year's $57,315,256. Projected student growth continues driving the increased state funds. CISD's enrollment has continued and surges closer to 6,500 students.
Recognizing the invaluable contributions of its educators, administrators, and support staff, Crandall ISD Board of Trustees was pleased to announce a 3% salary increase across the board in June for the 2023-24 school year. This raise demonstrates the district's appreciation for its staff members' dedication and hard work. It acknowledges the tireless efforts of these individuals who work to provide quality education and a nurturing environment for students.
"By lowering the tax rate and providing our staff members with a well-deserved raise, we are reinforcing our commitment to our community and the dedicated professionals who make our school district thrive," said Dr. Anjannette Murry, Superintendent of Crandall ISD. "These changes reflect our belief in fostering a supportive environment for our residents and staff, ensuring that our district continues to provide exceptional educational experiences."
The tax rate reduction and staff salary increase are a testament to the Crandall ISD's dedication to educational excellence, fiscal responsibility, and community well-being. As the school district continues to evolve and grow, these measures will play a pivotal role in shaping a brighter future for all stakeholders.