Trustees OK new budget for 2016-2017 year

3-percent raise budgeted for teachers, staff

June 30 marked the annual change in finances for Fredericksburg Independent School District, as trustees unanimously approved both the outgoing and new school year budgets.

With 4-0 votes (board members Dave Campbell and Lorrie Hess weren’t present) at the special meeting at the FISD Central Administration building, the board approved the final budget for the 2015-2016 school year and the proposed budget for the 2016-2017 school year.

FISD’s new fiscal year began July 1. Deborah Ottmers, FISD assistant superintendent of business and finance, presented the school’s financial numbers to the FISD trustees.

2016-2017 FISD budget

For this year, FISD’s estimated budget revenues will be $39,554,299.

Of this, $34.7 million comes from local and intermediate sources (such as property taxes), $3.75 million comes from the state and $1.01 million from federal.

The district’s estimated expenditures (budgeted at 105 percent) are $42,422,785. This includes an average three-percent salary increase for teachers, clerical and other professional positions.

The total budget includes $37,767,394 for the general fund, $1.6 million for the school nutrition fund and $3,055,091 for the debt service fund.

This will give the district a slightly smaller deficit from last year’s budget, at $2,868,486.

Ottmers said the money received from the state does not take into account inflation.

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Fredericksburg Standard

P.O. Box 1639
Fredericksburg, TX 78624-4228
830-997-2155