COCISD discusses budget, tax rate

The Superintendent's Student of the Month for James Street Elementary School is Malik Sykes.

Courtesy photo

COHS Social Studies teacher, Skylar Holman, received special recognition for his students achieving academic distinction during the 2023-24 school year.

Courtesy photo

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COLDSPRING — Despite a 4.82 percent increase in the proposed 2025-26 budget, the Coldspring-Oakhurst CISD Board of Trustees approved a small decrease in the tax rates for maintenance and operations and debt service.

At the Aug. 25 regular meeting, trustees approved an M&O budget of $20,529,315, a 4.82 percent increase over last year's number. The Child Nutrition budget expenditures will be $1,383,243.19, and the debt service budget is even at $1,507,737.

Chief Financial Officer Adam Jenke said the proposed tax rate for maintenance and operations is $0.6355 per $100 valuation, and the school debt service tax is $0.0729 per $100. However, the increase in property valuation will give the district additional revenues, impacting the average taxpayer by an additional $69.28 per year on the tax bill.

The trustees approved the tax rate for the coming fiscal year.

In other business:

• The board approved the tax collection report, the monthly investment reports, and the monthly financial reports.
• The board approved the district's professional development plan.
• The board did NOT approve any possible action regarding the project delivery/contract award method that provides the best value for the district. The board motioned to discuss the topic on a later date.

The meeting concluded at 8:24 pm and entered into a closed session.

The next meeting will be on Sept. 22 at 6:30 p.m. in Coldspring-Oakhurst High School’s main foyer.