GISD approves 2020-2021 budget, tax rate

The Graham ISD Board of Trustees held a public meeting and approved the budget and tax rate for 2020-2021 last Friday. The board approved the proposed tax rate which will remain unchanged from last year’s rate.

Last year, the board approved a tax rate of $1.277 per $100 valuation which was the lowest rate approved from the board after remaining at $1.347 per $100 valuation since 2013. The board approved the same lowered rate from last year this year.

The approved total budget will be an increase of $199,885 over last year’s budget, going from $24,452,013 in the 2019-2020 budget to $24,651,898 in the 2020-2021 budget.

For the rest of the story, see the Sept. 2 edition of The Graham Leader.