Elgin Independent School District

Elgin ISD Changes Lives

Fiscal budget approved, tax rate set

Aug. 28, 2023

The Elgin ISD Board of Trustees on Monday, Aug. 21 approved a balanced General Operating budget for 2023-24 fiscal year, in addition to setting the District’s 2023 tax rate.

The property tax rate was decreased to $1.2257 per $100 valuation – a drop of more than 18 cents over last year’s rate of $1.4111. To continue paying off past bonds issued for District improvements and additions, Trustees kept the Debt Service tax rate static at $0.4682 cents per $100 valuation, while lowering the Maintenance and Operations rate to $0.7575 cents per $100 valuation.

Student enrollment is projected to be at 5,800 students this school year, up from 5,404 last year. Enrollment was at only 3,995 in 2009-10. Based on spring demographic projections, Elgin ISD is anticipated to grow to over 10,000 students by 2030-31.

Total General Operating revenue for the 2023-24 fiscal year is estimated at $61,644,000.

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In its efforts to promote nondiscrimination, Elgin ISD does not discriminate on the basis of race, religion, color, national origin, gender, or disability in providing education services, activities, and programs, including CTE programs, in accordance with Title VI of the Civil Rights Act of 1964, as amended; Title IX of the Educational Amendments of 1972; and Title II of the Americans with Disabilities Act of 1990 (ADA), as amended, which incorporates and expands upon the requirements of Section 504 of the Rehabilitation Act of 1973, as amended.