The Board approved the 2024-2025 general operating budget consisting of revenues of $185,296,372, and corresponding expenditures amounting to $184,824,841. This budget includes, pending Board approval, nearly $6 million in revenue for the district that would be generated through a three-cent tax rate increase, following a Voter-Approved Tax Ratification Election, or a VATRE, planned to take place in the November 5 General Election. This three-cent increase will be made of “golden pennies.” Tax funds collected through these additional three pennies would stay within GCISD and not be subject to recapture, also known as “Robin Hood” in Texas, meaning that 100 percent of these funds would remain in the district. For the 2023-2024 school year alone, an estimated 22 percent ($31.33 million) of GCISD’s Maintenance & Operations tax levy will be sent back to the state in the form of recapture. Failure to pass the VATRE would result in the district having to consider additional areas where cost savings can be found. Click here to view the full budget presentation during the public hearing and click here to view the discussion and action taken on the adoption of the budget.
Take a look at the most recent updates from the June 17, 2024, Regular Board of Trustees Meeting.
Board Adopts 2024-2025 Budget, Discussing Upcoming VATRE
Balanced Scorecard: Priority 1
This month's priority report included data showing the academic growth and development of emergent bilingual learners in GCISD, as well as information about compliance and parent, family and community engagement. This report also highlighted the next steps including a program, resources and support that will help the district build on the recent success.
Balanced Scorecard: Priority 3
The second priority report focused on community engagement and partnerships, specifically in the area of enhancing media relations programs and partnerships. Details included new processes implemented in media relations to increase the number of positive media coverage in major television outlets from the previous year.
Mia Magaña Named Bear Creek Elementary Principal
Mia Magaña was approved as the new Principal of Bear Creek Elementary School by the Grapevine-Colleyville ISD Board of Trustees at the June 17 Regular Monthly Meeting. This follows last month's news that Dr. Bryan Calvert, former BCES Principal, will become the new Principal of Colleyville Middle School.