The New Caney ISD board of trustees held a public hearing Aug. 17 on its proposed 2020-21 budget and tax rate of $1.4761. The current proposed budget has the district collecting $198.99 million in revenue from local, state and federal sources. For expenditures, the district plans to spend $200.28 million, leaving a budget shortfall of $1.29 million. However, Brandy Chelette, the district’s executive director of business and financial services, said this shortfall is planned for and will help “bring down the debt service fund.”
from Community Impact Houston
click here to view source
Leave a Reply