At the June 24 Board meeting, the Dripping Springs ISD Board of Trustees unanimously approved the 2024-25 fiscal year budget. Prior to the regular meeting agenda, a budget presentation from Chief Financial Officer Gina Mitschke and a public hearing were held. A recording of the presentation can be viewed here.
The $100.4 million 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.
In February 2024, the Board of Trustees adopted budget parameters to guide the 2024-25 budget development process, which includes months of planning and preparation with DSISD campuses and departments. Budget workshops were held on January 22, March 5, April 10 and May 13 and were open to the public.
At the May 20 meeting, the Board of Trustees approved the 2024-25 compensation plan which included a 1% general pay increase for staff. The 2024-25 compensation plan can be found here.
The tax rate for the 2024-25 fiscal year will be adopted by the Board of Trustees no later than Sept. 30, 2024.