Trustees of the Gold-Burg Independent School District approved a balanced budget of $2.2 million and a 2019 tax rate of $1.06 when they met on Aug. 28.
Budget expenditures and revenues were set at $2,234,292. In revenues the district has projected $1,333,154 in local and intermediate sources and $763,138 in state revenue. There is an additional $138,000 expected in federal revenue which is not required for adoption.
As with most school budgets the largest expense is instructional costs set at $1,104,120. Plant maintenance and operation is next at $231,376.
Read the full story in the mid-week Bowie News.