Aug 2026 Budget Workshop NOTICE OF BUDGET DISCUSSION AND TAXPAYER IMPACT STATEMENT As required by Texas Government Code Section 551.043(c) , notice is hereby given that the Board of Trustees will hold a public meeting to discuss the proposed budget for the upcoming fiscal year 2026-2027. Access to Proposed Budget: The most current proposed budget may be reviewed online on the main page of the Dist
Staff Report & Agenda Item Details
V. Aug 2026 Budget Workshop NOTICE OF BUDGET DISCUSSION AND TAXPAYER IMPACT STATEMENT As required by Texas Government Code Section 551.043(c) , notice is hereby given that the Board of Trustees will hold a public meeting to discuss the proposed budget for the upcoming fiscal year 2026-2027. Access to Proposed Budget: The most current proposed budget may be reviewed online on the main page of the District's website at www.gordonisd.net Taxpayer Impact Statement: The following table illustrates the property tax bill in dollars for a median-valued homestead property located within the school district's jurisdiction, comparing the current fiscal year to an estimate for the upcoming fiscal year if the proposed budget is adopted. Fiscal Year (Tax Year) Median-Valued Homestead Tax Rate per $100 of Value Estimated Property Tax Bill FY 2025-2026 (TY 2025) Palo Pinto County-$175,800 Erath County-$245,191 $0.9919 Palo Pinto County-$1743.76 Erath County-$2,432.05 FY 2026-2027 (TY 2026) Palo Pinto County-$191,660 Erath County-$359,455 $1.0303 Palo Pinto County-$1974.67 Erath County-$3,703.46 Note: The figures provided in this impact statement are preliminary estimates based on the proposed budget and current appraisal projections. The Board of Trustees retains the authority to amend the proposed budget and tax rate prior to final adoption.