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2007-2008
BUDGET FACTS
(dollar amounts are rounded)
- Operating
Budget
$140.7
million, which includes approximately $33 million for GCISD's
distribution of tax revenue, better known as "Robin Hood"
payments)
- Per
Pupil Expenditure
$9,041
(excluding Chapter 41 and TIF)
(General Operating & Debt Svc.)
- Total
Tax Rate
$1.29
per $100 valuation of homes ($1.57
- in 2006)
- reflects
a debt service of $.2500 and $1.04 for maintenance and operations.
- Source
of Funds (General
Operating & Debt Svc.)
- Local
77.01 percent
- State
22.90 percent
- Federal
.09 percent
- Average
2007 Taxable Value of Residences (based
on May 15th values)
$244,022 ($229,707
in 2006)
- Taxes
Due on Average Residence in 2007 (based
on May 15th values)
$3,147.89 ($3616.28
in 2006)
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