The 2013-14 total tax rate remains at $1.2533, with Trustees approving a $1.0400 Maintenance and Operations (M&O) tax rate for the seventh-consecutive year. The $0.2133 Insurance and Sinking Fund (I&S) tax rate marks nine years with no increase. GISD’s total tax rate ranks among the lowest of all school districts in Dallas-Fort Worth.
Trustees also approved a $424.7 million operating budget for 2013-14. Provisions include a three-percent raise for all district staff—assessed on an employee’s base salary—that will begin to be reflected in September paychecks. This marks the fifth raise for GISD employees since 2008 and the second three-percent raise during that time.
This year’s budget also includes increased healthcare contributions by the district. As medical premiums continue to rise, GISD strives to ensure its employees have affordable options. The district will be contributing $325 per month toward each employee’s TRS-ActiveCare coverage, an increase of $27 from last year. This allows GISD to continue to offer a no-cost plan, something the district has done since it first joined TRS.
View the complete adopted budget on Garland ISD’s website.
te remains at $1.2533, with Trustees approving a $1.0400 Maintenance and Operations (M&O) tax rate for the seventh-consecutive year. The $0.2133 Insurance and Sinking Fund (I&S) tax rate marks nine years with no increase. GISD’s total tax rate ranks among the lowest of all school districts in Dallas-Fort Worth.
Trustees also approved a $424.7 million operating budget for 2013-14. Provisions include a three-percent raise for all district staff—assessed on an employee’s base salary—that will begin to be reflected in September paychecks. This marks the fifth raise for GISD employees since 2008 and the second three-percent raise during that time.
This year’s budget also includes increased healthcare contributions by the district. As medical premiums continue to rise, GISD strives to ensure its employees have affordable options. The district will be contributing $325 per month toward each employee’s TRS-ActiveCare coverage, an increase of $27 from last year. This allows GISD to continue to offer a no-cost plan, something the district has done since it first joined TRS.
View the complete adopted budget on Garland ISD’s website.
Submitted by Tiffany Graber, Garland ISD Communications Coordinator.
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