AISD tax rate to be adopted

By Melinda L. Lucas

A special meeting to adopt the 2021-2022 budget and tax rate for the Albany Independent School District is set for 7:30 a.m. on Tuesday, Aug. 31, the last day that the budget can be adopted, according to state law.

Albany ISD board members looked over the 2021-2022 budget during their most recent regular meeting on Aug. 16.

Expenditures for the upcoming school year are projected to be $6,113,680, compared to the actual expenses so far of just under $5.7 million.

Expenditures are projected at $6,113,680, just slightly more than last year. However, in contrast to the previous five years, this is not a deficit budget, with revenue expected to be $6,323,932.

The proposed tax rate of 96.34 is less than last year’s 96.64-cent rate.