GISD tasked with balancing budget before adoption
With a goal of balancing the budget before final adoption, the Graham ISD Board of Trustees last week adopted a proposed deficit budget and a lowered tax rate.
With anticipated revenues on the way, the board adopted the proposed deficit budget with a request to amend the budget to be balanced with those added revenues.
The proposed budget has $27,507,785 in revenues and $28,865,210 in expenditures, or a difference of $1,357,425. Expenses increased $1,385,325 in the general fund, $72,130 in the athletic fund and $71,970 in the food service fund.
