Budget and Tax Rate Approval
The Van Alstyne ISD Board of Trustees voted 7-0 to approve the district’s 2026-27 budget and tax rate during its regular meeting on Monday night. The approved total tax rate is set at $1.1687 per $100 of property valuation, which includes a Maintenance and Operations rate of $0.6687 and an Interest and Sinking rate of $0.50.
District administration noted that the budget includes a projected deficit as the district manages financial impacts from rapid growth and the opening of an additional elementary campus. Officials explained that new school openings create significant one-time expenses while existing enrollment is spread across more campuses.
The district has maintained its fund balance to prepare for such periods until new facilities fill and enrollment catches up with capacity.
Leaders discussed state funding and enrollment trends, noting that growth has not occurred at the pace previously projected, though recent numbers show improvement. Administration expressed optimism that continued enrollment growth could help return the district to a balanced budget. The approved budget does not include reductions to student programs or staff services.
