Aledo ISD Administration Board Room, 1008 Bailey Ranch Road
School board adopts the 2019-2020 budget and a $1.4933 tax rate, a ten-cent cut the state's required motion language calls a 4.04% increase, and calls 2007 and 2012 bonds early to save $488,775
Four residents spoke at the hearing on appraisals, the M&O rate, teacher raises and a handwriting program. Every vote was 7-0.
The Aledo ISD Board of Trustees met in special session Aug. 27, 2019, with all seven trustees present. A public hearing on the 2019-2020 budget and proposed tax rate ran from 6:03 to 7:35 p.m.; four residents spoke, on the appraisal process, a request to lower the M&O rate, the teacher and staff raises and the board's legislative advocacy, and a request for a stand-alone handwriting program.
The board adopted the 2019-2020 revenues and appropriations budgets for the general fund, child nutrition fund and debt service fund, 7-0. It approved a resolution calling a portion of the district's Unlimited Tax Refunding Bonds, Series 2007 and Series 2012, for redemption before maturity, which Chief Financial Officer Earl Husfeld said would save the district and its taxpayers $488,775 in future interest costs, 7-0.
Husfeld explained that despite the language state law requires in the motion, the proposed rate was not an increase but a ten-cent decrease. On a motion by Secretary Forrest Collins seconded by David Lear, the board voted 7-0 to adopt a 2019 total tax rate of $1.4933 per $100 of valuation, $1.0683 for the general fund and $0.4250 for debt service, under a motion worded as an effective 4.04 percent increase in the tax rate. It also approved the final amended budgets for 2018-2019, 7-0. After an executive session from 8:15 to 9:42 p.m. on the superintendent's annual evaluation with no action, the meeting adjourned.
Sources: Aledo ISD: minutes of the Aug. 27, 2019 meeting, as attached to the Sept. 16, 2019 agenda (BoardBook); Aledo ISD: agenda, Aug. 27, 2019 (BoardBook); Aledo ISD meetings on BoardBook
How this was sourced: Primary documents: the minutes of the Aug. 27, 2019 meeting as posted on BoardBook with the Sept. 16, 2019 agenda, and the meeting agenda. Every vote, number and name above appears in those documents; the Ledger did not review the meeting video. Students, employees who are not administrators, and public commenters are not named. Written Sept- 5- 2026, for the archive.