Annual Budget & Tax Rate Approved

Annual Budget & Tax Rate Approved

On August 29, Stafford Mayor Cecil Willis, Stafford City Council, Stafford MSD Superintendent Dr. Robert Bostic, and the SMSD Board of Trustees met to approve the 2022-23 school budget and to present a tax rate. The team of 15 is the only group in the state of Texas who collaborate on a school’s budget and have done this since 1982.

To kick off the meeting, students from Stafford High School AJROTC posted the colors, Senior Dacianna Mosley led the pledge of allegiance, and the National Anthem was performed by Senior Esther Bankole. Dr. Bostic made the first presentation of the evening, which was his ninth appearance at the annual meeting.

Dr. Bostic said, “This board and this city council do not take this responsibility lightly, and they have put many hours, agreements and discussions into its collective offering that you all are seeing tonight.”

Some of the strategies announced for the 2022-23 fiscal year:

1.  Stay the course – analyze, evaluate and prioritize academics and instruction through sound operation;

2.  Continue to collaborate with the community, business members, and legislative body;

3.  Seek new state aid, enrollment and maintenance notes for General Fund

In addition, the body must consider presenting a voter-approved tax rate election to the community in fall 2023 to maintain the budget and avoid relinquishing money to the state.

The meeting concluded with unanimous approval from all 14 elected officials on the SMSD Budget, a tax rate of $0.8546 for support and maintenance of schools, and a tax rate of $0.2447 for interest and sinking fund.

“I am pleased with the outcome and the unanimous vote of the 14 elected officials,” Mayor Cecil Willis said. “I’m extremely pleased that everyone was engaged in this difficult budget process. In this budget, things were put in place to not only get us through this fiscal year but also build upon things that will elevate SMSD in the future.”

For more information on this meeting including the agenda and video, please visit the website here.




Annual Budget & Tax Rate Approved