By BARBARA GREEN
Bowie Independent School District Trustees anticipate a second year with a deficit budget possibly topping $1.3 million.
However, Superintendent Steven Monkres and Chief Financial Officer Jonathan Pastusek say don’t be alarmed because during the last four years the district has planned for this property value downturn adding money when possible to its fund balance to make up the deficit.
The board met Tuesday night for a budget workshop reviewing a variety of scenarios for operations, debt service and payroll.
While still in the preliminary stages, BISD is considering a proposed tax rate increase in the debt service rate, but no change in the maintenance and operation portion, which is already at the state maximum of $1.04 per $100 in property value.
Read the full story in the weekend News.