Ben Bolt ISD approves tax rate
The Ben Bolt-Palito Blanco Board of Trustees approved the 2020-2021 Budget with a surplus of over $268,000 for fund balance replenishment and a reduced tax rate of $1.3718 for the new School Year.
The new tax rate is $.0683 less than the previous year and is due largely to a shrinking amount of District debt. The prior two year’s tax rate was $1.4375. The average pay raise percentage for Teachers and Staff is 1% and is included in the pay scale step presented in the 2020-2021 Compensation Plan.