A quorum of Big Spring ISD Board of Trustees approved a donation of school supplies from the recent “Fill the Truck” Campaign that was organized by Star Chrysler Dodge Jeep Ram of Big Spring and the HOPE Foundation. In less than 1 month, the campaign was able to collect over $3,500 in school supplies that will be redistributed to BSISD teachers.
The proposed tax rate for the 2020-21 fiscal year for BSISD was announced to be $1.1164 per $100 valuation. This is reported to be a slight decrease from last year’s property tax rate which was $1.12 per $100 valuation. A public meeting to discuss the proposed budget and tax rate will be set for August 27, 2020 at 5:15 PM.
While presenting on this matter, it was noted that there is currently a $1.7 million deficit in the district’s budget, partly as a result of awarding a pay increase to district staff. This means that there will be more expenses than revenue planned for the upcoming fiscal year, and would require the BSISD to dip into their Fund Balance to make up the difference. Superintendent Jay McWilliams advised the district had over $20 million in Fund Balance and this was something that it should be used for.
Board members also approved an amendment No. 1 to the agreement for limitation on appraised value of property for school district maintenance and operations taxes between the district and Gunsight Mountain Wind Energy, LLC, Texas Comptroller application Number 1017, pursuant to Chapter 313 of the Texas Tax Code. According to George Bancroft, Assistant Superintendent of Operations for BSISD, the amendment removes problematic language from the agreement that was erroneously written by the State, but it does not change anything in favor or against either party in the agreement.
Board members not present for the meeting were Julie Harris, District 3; Melissa Miller, District 4; and Chad Wash, District 5.