Bowie Independent School District Trustees were updated on many of the activities that will wind down this unusual school year and got a cursory glance at the budget issues during its Monday meeting.
Superintendent Blake Enlow presented the 2020 preliminary property values which were released in early May. Certified values will be available in July.
The preliminary figures dropped 12.44 percent overall with $867,760,946, down $123,381,647 from the 2019 certified values of $991,142,593. Based on the 2019 tax rate of $1.15 the district could face a $1.4 million drop in revenue.
Rhonda Russell, retired chief financial officer of BISD who has been assisting with budget development, told the board they are not sure yet how tax collections may be impacted by the COVID-19 pandemic, which has created major job loss and loss in business revenue during the shutdown.
Read the full story on this week’s board meeting in the weekend Bowie News.