Slaton ISD will hold a public hearing on its proposed budget at 5:30 p.m. Aug. 28.
The proposed budget is $15.09 million, with $1.185 in debt service.
The maintenance and operations budget has increased 2.6 percent and total expenditures are up 2.4 percent. However, the tax rate will remain the same, with $1.17 per $100 valuation and .294 cents per $100 valuation for debt service.
“This budget will allow us to continue operating as we have been,” said Art Martin, SISD chief financial officer. “It’s a status quo budget with some modifications.”
Read more in this week’s edition of The Slatonite.