Dripping Springs ISD will present its proposed 2024-25 fiscal year budget to the Board of Trustees for consideration at the June 24, 2024 board meeting. The meeting will also include a public hearing. Notice of the public hearing to adopt the 2024-25 budget was published in the Dripping Springs Century News on June 13, 2024, as required by law.
Dripping Springs ISD builds its budget priorities around the district’s vision and mission while meeting the challenges inherent to projected enrollment growth. In following those priorities, the district’s charge is to monitor spending in a way that results in the most efficient use of resources, within the limitations and mandates placed upon public schools by statute and regulations. A tight alignment is maintained between the overall budget and the district/school planning to help ensure DSISD meets established priorities.
School district budgets are divided into three separate funds: the General Fund, the Child Nutrition Fund, and the Debt Services Fund. The General Fund is the fund that covers day-to-day operating expenses for the school district and is primarily funded by the Maintenance and Operations (M&O) portion of the tax rate. The Child Nutrition Fund is a required stand-alone fund that operates our child nutrition services, grants, and programs. The Debt Service portion of the budget is funded by the Interest and Sinking (I&S) portion of the tax rate to pay bonds approved by the voters.
The $100.4 million proposed General Fund budget, less recapture, includes 84 percent for payroll for nearly 1,100 district employees. The remaining 16 percent of the budget will be used towards classroom supplies, utilities, professional development, transportation, safety and travel.
The board meeting will start at 6:00 p.m. in the Center for Learning & Leadership (300 Sportsplex Drive). The budget presentation and public hearing will be held at the beginning of the agenda. A summary of the proposed budget is available here.