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2006-2007
BUDGET FACTS
(dollar amounts are rounded)
- Operating
Budget
$148.6
million, which includes approximately $44.4 million for GCISD's
distribution of tax revenue, better known as "Robin Hood"
payments)
- Per
Pupil Expenditure
$8,688
(excluding Chapter 41 and TIF)
(General Operating & Debt Svc.)
- Total
Tax Rate
$1.57
per $100 valuation of homes ($1.70
- in 2005)
- reflects
a debt service of $.2500 and $1.3243 for maintenance and operations.
- Source
of Funds (General
Operating & Debt Svc.)
- Local
88.5 percent
- State
11.4 percent
- Federal
.10 percent
- Average
2006 Taxable Value of Residences (based
on May 15th values)
$229,707 ($216,063
in 2005)
- Taxes
Due on Average Residence in 2006 (based
on May 15th values)
$3,616.28 ($3673.08
in 2005)
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