Needville ISD approves tax rate, budget
Needville Independent School District trustees unanimously approved the 2018-19 budget and 2019 property tax rate at a special Aug. 29 meeting.
The tax rate will drop slightly from $1.54 per $100 valuation to the district’s calculated rollback rate of $1.539523. Assistant Superintendent of Finance Dovie Peschel explained that school districts can’t set tax rates higher than their rollback rates.
However, Peschel said the average taxable value of a home in Needville ISD has risen from $175,708 last year to $187,075 this year.
Despite the negligible drop in the tax rate, the increase in property values translates to an increase of about $174 for the average homeowner, Peschel said.
“I am so pleased that the NISD Board of Trustees has not had to increase our tax rate for the past five years,” Peschel said. “The last three years’ tax rates have remained steady.”
She said the board’s conservative spending approach has allowed the district to remain financially sound, and the $30,398,021 balanced budget includes approximately $1.9 million allocated for construction, including renovations to the two-story section of the old high school for administrative offices.
Peschel said the budget “should cover all of our needs for the 2018-19 school year, including instructional supplies and equipment, facility maintenance, the purchase of another new school bus, and salary increases for staff.”
“We were able to fund the Needville Middle School expansion this summer from cash reserves,” she added.
Superintendent Curtis Rhodes praised Peschel and her staff, as well as trustees, for “doing a great job and maintaining the conservative management we are known for, all the while providing a great environment for students and staff.”
“The state of Texas does not make it easy on public school districts,” he added. “It is now only funding about 35 percent of the total budget, which puts a burden on the local taxpayers; yet lawmakers continue to increase standards of accountability while expecting all public school districts to do more with less.”