Aug 10, 2026 Special Board Meetings

[A. CALL TO ORDER]

[00:00:05]

THE AUGUST 10TH, 2026 SPECIAL BOARD MEETING IS NOW CALLED TO ORDER.

THE TIME IS 5:30 P.M. AND A QUORUM IS PRESENT.

DOCTOR STINSON, PLEASE CONFIRM THAT THE MEETING WAS DULY CALLED AND A NOTICE OF THE MEETING WAS POSTED IN ACCORDANCE WITH THE TEXAS OPEN MEETINGS ACT.

[B. FIRST ORDER OF BUSINESS]

THANK YOU. AS NO ONE HAS SIGNED UP TO SPEAK DURING THIS PART OF THE MEETING, WE WILL GO TO THE NEXT ITEM ON OUR AGENDA.

OKAY. THE NEXT ITEM ON THE AGENDA IS TO CONSIDER APPOINTING A TRUSTEE FOR PLACE 4 WHICH IS CURRENTLY VACANT.

[D. CONSIDER APPOINTMENT OF TRUSTEE, PLACE 4]

THANK YOU, MR. DILKS. DO I HAVE A SECOND? I'M PROUD TO SECOND THAT.

THANK YOU, MR. DAVIS. ANY DISCUSSION? I, I HAVE SOMETHING TO SAY HERE.

GROWING UP IN THE BIRDVILLE DISTRICT, MY MOTHER ALWAYS TAUGHT ME MUCH OF WHO I AM.

AND WHAT I DO DETERMINES WHO I BECOME. TITO RODRIGUEZ WAS BORN IN LAREDO, TEXAS, AND MOVED TO SAN ANTONIO WHEN HE WAS ONE YEAR OLD. LIKE SO MANY BIRDVILLE ISD KIDS, WHEN HE ENTERED SCHOOL, HE SPOKE ONLY SPANISH DUE TO HIS TEACHER'S HIGH STANDARDS.

BY SECOND GRADE, HE WAS BILINGUAL. THROUGH HIS YEARS IN SCHOOL, HE WOULD OFTEN ENCOUNTER OTHER STUDENTS WHO FOUND THEMSELVES IN SIMILAR SITUATION.

WITH A DEEP SENSE OF EMPATHY, HE DEVELOPED, HE WAS ALWAYS THERE TO LEND A HELPING HAND.

THIS SKILL, LEARNED AS A CHILD CONTINUES TO THIS DAY AS TITO HELPS HIS CITY, NORTH RICHLAND HILLS AND HIS SCHOOL DISTRICT BIRDVILLE IN ALMOST EVERY POSSIBLE WAY. HAVING SERVED IN THE CITY ON VARIOUS BOARDS AND COMMISSIONS FOR 20 YEARS, TITO TIRELESSLY WORKED AS A CITY COUNCILMAN FOR THE.

FOR 14 OF THOSE 20. THERE'S HARDLY A CITY STREET BUILDING OR PARK THAT TITO CAN'T LOOK AT AND REALIZE HOW EACH ONE OF THOSE BECAME A REALITY. HAVING GRADUATED FROM COLUMBIA COLLEGE WITH A DEGREE IN FINANCE FOR 35 YEARS, HE WORKED FOR THE STATE OF TEXAS, FIRST IN THE STATE COMPTROLLER'S OFFICE AND THEN FOR THE STATE REPRESENTATIVE FROM HOUSTON AND FINALLY FOR THE ATTORNEY GENERAL IN THE CHILD SUPPORT DIVISION. PERHAPS IT WAS THERE HE SAW SO MANY NEGLECTED CHILDREN WITH DEADBEAT PARENTS.

HE SAW THE DESPERATE NEED TO INVEST IN THESE CHILDREN AND IN OUR FUTURE.

WHILE NEVER SERVING ON THE SCHOOL BOARD, TITO'S RESUME OF EDUCATIONAL INVOLVEMENT IS LONGER THAN THE VAST MAJORITY OF PEOPLE ACROSS THE STATE.

TITO HAS SERVED ON EVERY BOND COMMITTEE SINCE MOVING INTO OUR CITY OVER 20 YEARS AGO.

NOT ONLY DOES TITO WORK ON THE BOND COMMITTEES, BUT HE ALSO PUTS OUT HE HELPS PUT OUT SIGNS AND TAKE THEM DOWN AS WELL.

STANDS AT POLLS ON NUMEROUS DAYS, ENCOURAGED CITIZENS TO VOTE FOR OUR BONDS WHILE NEVER COMPLAINING AND ALWAYS WEARING A SMILE ALL THE TIME REALIZING WHAT A NEW SCHOOL DOES FOR OUR CHILD AS WELL AS FOR THE COMMUNITY. WHEN THE BIRDVILLE PTA NEEDS HELP, WHO DO THEY CALL ON? TITO. HE SHOWS UP CONSISTENTLY AT THE CLOSE CONNECTION, HELPING TO DISTRIBUTE CLOSE TO OUR NEEDIEST STUDENTS, AS WELL AS ANY OTHER PTA EVENT AS REQUESTED. THROUGH HIS WORK WITH THE CEC'S REFRESH COMMITTEE, HE AND HIS FELLOW WORKERS MET THE SCHOOL SUPPLY NEEDS OF 3000 STUDENTS IN THE BIRDVILLE AREA.

BY THE WAY, FORT WORTH RECENTLY HAD A SIMILAR EVENT.

HOW MANY STUDENTS DID THE BIG CITY OF FORT WORTH SUPPLY? 3000. EVERY YEAR DURING THE BECHTEL GOLF SCHOLARSHIP EVENT, YOU WILL FIND HIM BUILDING THE TEAM.

AND WHEN IT COMES TIME TO SPEND THAT SCHOLARSHIP MONEY, HE CHAIRS THE COMMITTEE THAT SELECTS ITS RECIPIENT.

FOR SEVERAL YEARS, HE'S WORKED ON THE AS THE BIRDVILLE EDUCATION.

BIRDVILLE FOUNDATION DIRECTOR, NOT ONLY AS A VOLUNTEER POSITION.

WHILE IT'S NOT A VOLUNTEER POSITION, HE DID ENSURE ITS FUTURE.

HE DID DO MORE TO ENSURE ITS FUTURE THAN WHAT WAS EVER REQUIRED FOR HIM ON PAPER.

TODAY, OUR FOUNDATION SERVES AS A ROLE MODEL FOR OTHER SCHOOL DISTRICTS CAN DO IF THEY PUT THEIR MIND TO IT.

SHOWING UP AT PUBLIC SCHOOL WEEK EVENTS AND PTA EVENTS.

HE HAS BECOME A FAMILIAR FACE, A FAMILIAR FACE IN EVERY BUILDING IN OUR DISTRICT.

HAVING READ TO OVER A DOZEN SCHOOLS DURING WORLD READ ALOUD DAYS, LIBRARIANS OFTEN ASSIGN HIM TO EMERGING IN BILINGUAL CLASSROOMS, WHERE STUDENTS ARE AMAZED AS THIS ADULT FLIPS BACK AND FORTH BETWEEN SPANISH AND ENGLISH.

STUDENTS OFTEN SAY HE CAN SPEAK LIKE US. FOR SEVERAL YEARS, HE WORKED AS A MENTOR AT CHENEY,

[00:05:05]

THAT STUDENT BEGAN TO CHANGE. LIKE THE CITY, THERE'S HARDLY A BUILDING OR PROGRAM OR EVENT IN THE DISTRICT THAT TITO HASN'T BEEN INVOLVED WITH. AS A VOLUNTEER, TITO IS DEDICATED TO TEACHERS.

ALL THREE OF HIS CHILDREN ARE PRODUCTS OF THE BIRDVILLE ISD AS WELL AS HIS FOUR GRANDCHILDREN.

NOT ONLY DID THEY GRADUATE HERE, ONE OF HIS DAUGHTERS, SHAWNA, TEACHES AT SNOW HEIGHTS.

A GRANDDAUGHTER IS ALSO AN EDUCATION AND HAS PREVIOUSLY WORKED IN BIRDVILLE ONCE AGAIN, HAVING THESE TIES TO TEACHERS HELPS TITO UNDERSTAND THE STRESS AND STRAIN OF BEING AN EDUCATOR IN TODAY'S SOCIETY. AS A FORMER TEACHER IN BIRDVILLE SCHOOL DISTRICT, ON THOSE RARE MOMENTS WHEN WE HAD TIME FOR CONVERSATION, WE WOULD OFTEN TALK ABOUT THE HIERARCHY WE SEE IN OUR DISTRICT.

FOR EXAMPLE, WE WERE ALWAYS ASTOUNDED BY VICE PRINCIPALS WHO WORE HIGH HEELS TO WORK.

WE KNEW THOSE WERE WHAT WE CALL SHOW HORSES. THEY LOOKED GOOD ON POSTCARD OR DOWN THE NOSE, BUT RARELY WERE SIGNIFICANT TO HELP THE TEACHERS IN THE TRENCHES.

THEN THERE WERE THE OTHERS WHO WORE NICE ENOUGH CLOTHES, BUT HAD ON TENNIS SHOES FOR WHATEVER ADVENTURE THAT WAS BROUGHT BEFORE THEM DURING THE DAY. WE CALL THOSE WORKHORSES. THEY SHOWED UP.

THEY WERE AROUND THE BUILDING. THROUGH THEIR DEDICATED WORK, THEY MADE THE GREATEST IMPACT ON STUDENTS AND TEACHERS.

THAT'S WHY I PROUDLY NOMINATE TITO RODRIGUEZ.

HE'S ONE OF THOSE WORKHORSES, THE KIND OF PERSON WHO SHOWS UP NOT JUST WHEN PEOPLE ARE LOOKING, BUT WHEN WE NEED THEM. THE MAN WHO CAN BUILD A BRIDGE BETWEEN ENGLISH AND SPANISH SPEAKING COMMUNITIES IN BIRDVILLE.

TITO TRULY LOVES STUDENTS AND TEACHERS. HE LOVES HIS COMMUNITY AND HE LIVES IN EMPATHETIC LIFE.

YOU SEE, IT'S TRUE. MUCH OF WHO YOU ARE AND WHAT YOU DO DEFINES YOUR PERSON.

HE HAS BEEN AND ALWAYS WILL BE A GAME CHANGER.

THANK YOU, MR. DILKS. MR. DAVIS. HOW DO YOU TRY TO FOLLOW THAT? [LAUGHTER] BUT I. I'VE BEEN BLESSED TO KNOW SUE AND TITO FOR MANY YEARS AND WORKED ALONGSIDE THEM IN OUR LIONS CLUB AND OTHER ACTIVITIES AND EVENTS AND MOST. THE. THE MOST. MEMORABLE TIME FOR ME, TITO, INVOLVED IN THE COMMUNITY MAY BE WHENEVER I SEE. I THINK OF OUR LIONS CLUB BASKETBALL TOURNAMENT AND TITO IN THE COLD OR THE RAIN.

HE AND MIKE MCCOWN OUT COOKING HAMBURGERS TO COOK FOR EVERYBODY OR HOT DOGS AS WE GO ALONG.

SO NO MATTER HOW BIG OR HOW SMALL THE TASK MAY HAVE BEEN, NO MATTER WHAT THE WEATHER CONDITIONS MAY HAVE BEEN, THEY WEREN'T ALWAYS PERFECT. TITO STEPPED UP AND WE'RE ASKING HIM TO STEP UP TO HELP LEAD THIS DISTRICT.

WE'VE DONE A LOT OF GREAT THINGS. GREAT THINGS ARE STILL IN STORE FOR US AHEAD.

I THINK TITO IS A GREAT REPRESENTATIVE FOR SOMEONE THAT'S GOING TO CONTINUE TO HELP EDUCATION IN THE FUTURE, SO I'M GLAD TO CALL HIM A FRIEND. I LOOK FORWARD TO CALLING HIM A COLLEAGUE THAT IS READY TO GO TO WORK, AND I KNOW HE'LL BE WILLING TO DO THAT. THANK YOU, MR. DAVIS. MR. TOLBERT. YEAH, THOSE ARE THOSE ARE TOUGH, TOUGH ACTS TO FOLLOW.

BUT, TITO, I'M EXCITED ABOUT THE OPPORTUNITY OF YOU BEING APPOINTED TO THE BOARD OF TRUSTEES.

YOU KNOW, I REALLY RESPECT YOU. YOUR LONG TIME SERVANT.

SERVANT LEADER, WHICH IS, TO ME, THE ULTIMATE LEADER IS THE SERVANT LEADER.

AND YOU EPITOMIZE THAT. YOU ALWAYS SHOW UP. YOU'RE NOT SOMEBODY WHO JUST SHOWED UP BECAUSE YOU NEEDED SOMETHING OR WANTED SOMETHING.

YOU'RE JUST ALWAYS THERE REGARDLESS. AND THAT MEANS A LOT TO ME.

YOU ALSO REALLY HELPED WITH OUR LAST BOND AFTER YOU VISIT WITH KATIE AND AFTER YOUR HEAD STOPPED SPINNING FROM ALL THE EXPLANATIONS SHE'S GOING TO GIVE YOU ABOUT SCHOOL FINANCE AND HOW DIFFERENT THAT IS FROM WHAT YOU EXPERIENCED AT THE CITY.

I THINK YOU'LL YOU'LL COME TO THE REALIZATION THAT THIS BOARD KNOWS AND THAT THAT GETTING THAT BOND PASSED WAS ONE OF THE MOST CRITICAL THINGS THAT WE'VE DONE IN THE LAST SEVERAL YEARS. IT WAS, IT REALLY NEEDED TO HAPPEN. AND THE SCHOOL DISTRICT IS, IS GOING TO BE WELL SITUATED.

AND YOU HELPED YOU HELPED WITH THAT. WITHOUT US, WITHOUT US REALLY EVEN ASKING YOU JUST, YOU JUST SHOWED UP AND DID IT.

OBVIOUSLY, I KNOW THIS IS PERSONAL FOR YOU. YOU'VE GOT A LOT INVESTED WITH YOUR DAUGHTER AND EXTENDED FAMILY IN BIRDVILLE, SO I KNOW YOU'RE GOING TO GET ON THE BOARD. IF YOU VOTED TONIGHT, YOU'RE GOING TO GET ON THE BOARD AND YOU'RE GOING TO HAVE SOME SELF MOTIVATION TO MAKE SURE THIS DISTRICT CONTINUES TO BE ONE WHERE PEOPLE WANT TO BE HERE AND WE'RE A DESTINATION.

I ALSO LIKE THE FACT THAT YOU'RE A FORMER CITY COUNCILMAN.

YOU KNOW WHAT IT'S LIKE TO DEAL WITH PUBLIC, YOU KNOW THE TRICKINESS OF THAT COMPLEXITY, COMPLEXITY OF THAT.

[00:10:04]

YOU'VE JUST SHOWN THROUGH YOUR ACTS AND OVER THE YEARS, YOU CARE A LOT ABOUT OUR SCHOOL AND OUR COMMUNITY.

AND I JUST THINK YOU'RE GOING TO BE AN EXCELLENT TRUSTEE AND CAN'T WAIT TO CALL YOU THAT. THANK YOU. THANK YOU, MR. TOLBERT. ANYONE ELSE? ALL RIGHT. NOW IT'S TIME FOR A VOTE.

I THOUGHT MUST BE I DON'T SPEAK VERY LOUDLY. THANK YOU, DAVE, FOR THIS MICROPHONE.

THAT DOESN'T EVEN [LAUGHTER] HELP ME WITH MY VOICE.

ALL RIGHT, IT'S TIME FOR A VOTE. ALL IN FAVOR OF TITO RODRIGUEZ BECOMING BIRDVILLE ISD BOARD TRUSTEE PLACE 4.

MOTION PASSES. THANK YOU. CONGRATULATIONS. [APPLAUSE].

NEXT ON THE AGENDA IS TO ADMINISTER THE OATH OF OFFICE TO OUR NEWLY APPOINTED TRUSTEE FOR PLACE 4.

[E. ADMINISTER OATH OF OFFICE TO APPOINTED TRUSTEE]

[LAUGHTER].

BY THE OATH AND WILL, TO THE BEST OF YOUR ABILITY, PROTECT, PRESERVE, AND DEFEND THE CONSTITUTION THIS POINT, SO HELP YOU GOD. I DO RODRIGUEZ, YOU JUST NEED TO FILL THAT IN.

[APPLAUSE]. I WANT TO KNOW WHY GRANDDAUGHTER DOESN'T ALREADY WORK FOR US. [LAUGHTER].

DO YOU WANT TO? OKAY. MR. RODRIGUEZ, WOULD YOU LIKE TO INTRODUCE YOUR FAMILY? THANK YOU.

NEXT TO HER IS WELL IN THE SECOND ROW.

SHE'S OUR DAUGHTER, AND SHE'S A READING INTERVENTIONIST AT SNOW HEIGHTS ELEMENTARY.

JUST LIKE THE INSTRUCTOR [LAUGHTER].

NEXT TO HER IS HER OLDEST DAUGHTER, SHELBY. SHELBY IS AN ACCOUNTANT LIVING IN THE DALLAS AREA.

ALRIGHT, ALRIGHT.

AND HE CAME ALL THE WAY FROM ROCKVILLE [LAUGHTER] HIS DAUGHTER, KATIE. KATIE IS ALSO LIVES IN AND THEN HER SON, PRINCE. THANK YOU. [APPLAUSE].

AND WELCOME TO THE BOARD. THANK YOU. WE WILL.

YES. YOU CAN JOIN US MR. RODRIGUEZ, PLACE 4. [LAUGHTER]. US DOWN HERE FOR THE TIME BEING MIC]. ALL RIGHT.

THIS IS ONLY MY SECOND TERM, AND I KNOW OF TITO'S NAME AND HE KNEW OF MY NAME.

HE WENT TO FORT WORTH TO A MEETING, AND I THINK HE MET WITH GINA BIVINS.

SOME GROUP, MAYBE TRINITY METRO OR. METRO BOARD YES, THE BOARD. AND HE SAID, BRENDA, YOU KNOW, EVERYBODY OR EVERYBODY KNOWS YOU.

YOU KNOW, SAME THING WITH TITO RODRIGUEZ IN NORTH RICHLAND HILLS AND THE BIRDVILLE ISD.

SO WELCOME ABOARD. WE WILL NOW CONVENE INTO CLOSED SESSION AS AUTHORIZED BY THE TEXAS GOVERNMENT CODE 551,

[F. CLOSED SESSION]

[00:15:02]

AND .00. I GOTTA TURN THIS ON. THE TIME IS 6:24 AND WE WILL NOW RECONVENE INTO OPEN SESSION.

[G. RECONVENE INTO OPEN SESSION ]

[H. BUDGET UPDATE]

WELL GOOD EVENING BOARD. I JUST WANT TO GIVE YOU A FEW UPDATES TONIGHT ON OUR TAX VALUES AND OUR TAX RATES.

SO SHOULDN'T TAKE TOO LONG. SO STARTING OFF WITH OUR TAX VALUES.

I JUST WANT TO GIVE YOU AN UPDATE ON WHERE WE ARE.

SO IN 24-25 WE HAD BEEN UP ALMOST 6% IN OUR VALUES THIS PAST YEAR.

WE WERE DOWN MAINLY DUE TO THE INCREASE IN THE HOMESTEAD EXEMPTIONS.

BECAUSE REMEMBER THESE ARE TAXABLE VALUES. SO THE HOMESTEAD EXEMPTION WAS INCREASED FROM $100,000 TO 140 BY SENATE BILL 4.

AND THE OVER 65 EXEMPTION WENT FROM $10,000 TO $60,000 WITH SENATE BILL 23.

SO FOR THIS YEAR, WITH THE VALUES THAT WE JUST RECEIVED FROM TAD, WE ARE ACTUALLY DOWN 1.39%.

SO JUST A FEW TIDBITS OF INTERESTING INFORMATION.

I ALWAYS LOOK AT THE DIFFERENT CATEGORIES. SO ONE OF THE THINGS WE HAD A TAD MEETING BACK RIGHT BEFORE THEY GAVE US THE CERTIFIED VALUES.

THE CHIEF APPRAISER LET US KNOW THAT BECAUSE THEY HAVE NOT APPRAISED HOMESTEADS IN TWO YEARS, THAT THE HOME RESIDENTIAL PROPERTIES WERE AT 85% OF MARKET.

SO THAT'S PART OF THE REASON THAT WE'RE SEEING A DECLINE ON OUR CERTIFIED VALUES.

THE SINGLE FAMILY RESIDENCE WERE DOWN 6.58% FOR BIRDVILLE.

AND NOW THAT HAS NOTHING TO DO WITH MARKET. THAT'S JUST THE OVERALL VALUES FROM THE PRIOR YEAR.

MULTI RESIDENTIAL IS 6.55% INCREASE. COMMERCIAL REAL ESTATE IS UP A LITTLE OVER 10%, AND THEN A BRAND NEW PIECE THAT CAME IN THIS YEAR, THE BUSINESS PERSONAL PROPERTY EXEMPTION WENT FROM 2,500 TO 125,000.

AND THAT WAS JUST ABOUT A 1% DECLINE FOR BIRDVILLE.

AND IN FACT, THE CHIEF APPRAISER SAID COUNTY WIDE, THEY WERE DOWN ABOUT 1% IN THAT PARTICULAR CATEGORY.

SO ANYWAY.

PARDON ME? IS THAT NON-REAL ESTATE PROPERTY? PERSONAL PROPERTY.

COMMERCIAL BUSINESS, PERSONAL PROPERTY. INVENTORY YES, SIR. WE'VE GONE DOWN 1.39%. I KNOW IT HAD A BIG HIT IN THE CITY OF NORTH RICHLAND HILLS ALSO.

I THINK IF I READ CORRECTLY, TAD'S HAVING A PUBLIC HEARING ON THEIR BUDGET AND THEY'RE GOING, AM I CORRECT? THEY'RE GOING OVER 4% THAT THEY'RE GOING UP ON THEIR BUDGET.

THAT'S CORRECT. AND, YOU KNOW, AND THEY'RE NOT DOING APPRAISALS AND THEY ARE GOING TO CUT SOME OF THEIR PEOPLE, ABOUT TEN, ABOUT 5% OF THEIR STAFF FROM, I THINK IT SAYS 204 TO 194 A YEAR FROM NOW.

YOU KNOW, NEXT YEAR THEY'LL DO THAT. WHAT DO WE AS A.

WE PAY THE FEES TO THEM FOR TAD TO DO THEIR JOB.

IS THERE A WAY THAT WE HAVE SOME VOICE TO SAY, HEY, WE CAN'T.

WE DIDN'T GO UP 4% IN OUR, YOU KNOW, BUDGET THIS YEAR, YOU KNOW, AND WE, YOU KNOW, SOME CITIES, SOME, SOME SCHOOL DISTRICTS DIDN'T GIVE ANY KIND OF RAISES TO PEOPLE.

SAY, HEY, NO, THAT'S NOT RIGHT. GO DO IT OVER.

YOU KNOW. I THINK THERE IS 30 DAYS AFTER THEY APPROVE THEIR BUDGET THAT THIS BOARD CAN DO SOME TYPE OF A RESOLUTION SAYING THAT THEY DISAGREE WITH THEIR BUDGET AND THEY CAN GO BACK. I THINK THEY HAVE TO HAVE A MAJORITY OF THE ENTITIES SEND THOSE RESOLUTIONS IN.

SO WE CAN CERTAINLY EXPLORE EXACTLY WHAT THAT LOOKS LIKE.

I MEAN, I GUESS I WOULD ASK THAT WE MEET AGAIN IN THE 20 WEEKS.

YES, SIR. IN THREE DAYS, TWO WEEKS AND THREE DAYS FROM NOW, IF THEY CAN FIND OUT.

I KNOW THEY'RE HAVING THAT PUBLIC HEARING. IF THEY'RE VOTING ON THEIR BUDGET THAT DAY, THEN IT'S REALLY OFFICIAL. YOU'D HAVE TIME TO PUT TOGETHER SOME FACTS.

YES, THEY WENT UP 4.05%. AND I JUST DON'T THINK IT'S RIGHT.

AND WE'RE STRUGGLING FOR EVERY PENNY WE GET. WE DON'T CONTROL ALL OF OUR PENNIES THAT WE GET.

WE CONTROL A FEW THAT OUR VOTERS TELL US TO DO.

[00:20:03]

WHY DO YOU NEED THAT MANY PEOPLE IF YOU'RE NOT DOING APPRAISALS AT ALL? AND 85% IS ENOUGH, YOU KNOW, THAT'S RIDICULOUS SO.

YES, SIR. I DO KNOW. I DO KNOW THERE'S BEEN SEVERAL OF THE CITIES HAVE SENT LETTERS EXPRESSING THEIR DEEP UNINTEREST DISINTEREST IN THE CURRENT BUDGET. WELL, I'D LIKE TO FOR US TO GET SOME OF THE SAME FACTS, MAKE SURE I'M RIGHT ON WHAT I'M SAYING, BECAUSE I KNOW NORTH RICHLAND HILLS MAYOR DID SEND A LETTER AND THE MAYOR'S COUNSEL WAS KIND OF THE CITY'S GETTING INVOLVED, BUT WE'RE ONE OF THE BIGGER TAXING ENTITIES. AND IF SCHOOL DISTRICTS START SAYING NO, YOU KNOW, HEY, THAT'S RIDICULOUS. WE DIDN'T GET TO GO UP 4% IN OURS.

YOU KNOW? WE STRUGGLED TO FIND, EVEN WITH THE DEFICIT BUDGET, TO FIND EVEN 3% RAISES.

AND THEY'RE GIVING SOME PRETTY BIG JUMPS IN THEIR STAFF RAISES THAT SOME ARE GETTING ZERO AND NOT THERE AT TAD, THOUGH THEY THINK THEY'RE EXEMPT FROM IT, YOU KNOW.

SO ANYWAY.

AND I'LL LOOK AT THE RULES ON THAT AND WE'LL HAVE SOME UPDATES.

IF THERE'S SOMETHING WE CAN DO AT THE AUGUST MEETING.

WE WILL CERTAINLY PUT THAT IF THE.

NO, WE DON'T APPROVE OF YOUR 4% BUDGET INCREASE.

AND JUST THAT'S THE BOTTOM LINE. WE'RE NOT WE'RE NOT FOR THAT.

CAN WE DO SOMETHING SIMILAR TO WHAT THE CITIES ARE DOING WITH THE LETTER? OFFICERS RIGHT.

SHE CAN. THAT'S WHAT I'M SAYING THE OFFICERS.

WELL THEY CAN. YEAH. YEAH, YEAH. WE'VE BEEN ASKED TO DO THAT.

I JUST YEAH. SO YEAH. ANYBODY WITHOUT VOTING.

ANYBODY OPPOSED TO US TAKING A STAND TO MAKE TAD ACCOUNTABLE.

WHAT IS THE. DOES ANYONE KNOW THE APPRAISAL DISTRICTS ADOPTION DATE? IT'S WEDNESDAY. OH THIS COMING WEDNESDAY? I BELIEVE YOU HAVE 30 DAYS TO DO SOME TYPE OF ACTION, BUT I WANT TO.

I WANT TO EXPLORE THAT A LITTLE BIT CLOSER AND MAKE SURE THAT I HAVE THE RULES CORRECTLY SO.

AND THEN I WANT TO BE ABLE TO EXPLAIN TO YOU TOO WHAT HAPPENS IF A MAJORITY OF THEM COME AND DO THAT.

THANK YOU. SO. THANKS. ABSOLUTELY. SO WE DID THIS LAST YEAR, AND I PROMISE I'M GOING TO GO THROUGH THEM QUICKER THAN I DID LAST YEAR. BUT I WANT TO REMIND THE BOARD THAT WE HAVE SEVEN DIFFERENT TAX RATES THAT WE HAVE TO LOOK AT EACH YEAR AT THIS TIME OF YEAR.

NEW FOR 26-27. THE STATE IS NOW REQUIRING US WITH OUR TNT FORMS THAT WE HAVE TO POST ON THE TARRANT APPRAISAL DISTRICT WEBSITE AND ALSO ON OUR WEBSITE TO PUT THE BACKUP DOCUMENTATION FOR EVERY LINE THAT WE HAVE IN THE REPORT.

SO SOME OF THE DOCUMENTATION COMES FROM A SPREADSHEET.

SO MISSY AND I ARE ACTUALLY WORKING, TRYING TO FIGURE OUT WHAT THAT LOOKS LIKE.

NO ONE KNOWS. SO THIS WILL BE OUR FIRST YEAR.

I'VE BEEN ADVISED BY OUR TAX ATTORNEY THAT I HAD AND THE TAX ASSESSOR COLLECTOR THAT JUST PUT THE PAGES THAT APPLY.

SO THAT'S WHAT WE'RE GOING TO DO THIS FIRST YEAR, AND MAYBE BY NEXT YEAR WE'LL GET A LITTLE MORE GUIDANCE. WHAT'S THE ACRONYM FOR TNT MEAN? IT'S THE LET'S SEE. THANK YOU. TRUTH AND TAXATION, I KNEW THAT.

THANK YOU.

[LAUGHTER] PEOPLE HOURS SO OUR PROPOSED TAX RATE FOR M&O IS $0.7869. THERE'S NO CHANGE OVER OUR 25-26 TAX RATE.

THIS RATE INCLUDES OUR EIGHT GOLDEN PENNIES AND OUR NINE COPPER PENNIES THAT WERE APPROVED FROM OUR VATR ELECTION.

AND THEN OUR I&S RATE PROPOSED IS $0.39964, WHICH HAS NO CHANGE OVER 25-26 RATE.

AND THIS RATE WAS CALCULATED INCLUDING THAT BOND ISSUANCE THAT WE JUST HAD.

AND I'LL GIVE YOU SOME RESULTS OF THAT LATER IN THE PRESENTATION.

SO THE FIRST RATE IS OUR MAXIMUM COMPRESSED TAX RATE.

THAT'S THE MCR RATE THAT YOU'VE HEARD US MENTION.

IT'S THE M&O RATE A DISTRICT MUST LEVY TO RECEIVE ITS FULL TIER 1 ALLOTMENT.

SO TEA CALCULATES THIS RATE FOR US ON AS SOON AS WE GET OUR TAX VALUES EACH YEAR WE GO IN AND ADD THAT TAX VALUE IN.

AND THEN TEA TELLS US WHAT THIS RATE IS GOING TO BE.

SO WE ARE STILL CURRENTLY AT THE LOWEST MAXIMUM COMPRESSED TAX RATE OR THE HIGHEST I GUESS THAT WE CAN BE AT.

SO. THE VOTER APPROVAL TAX RATE. SO THIS IS THE MAXIMUM TAX RATE A BOARD CAN ADOPT WITHOUT GOING TO THE VOTERS. AND OF COURSE AS YOU KNOW, YOU CAN ONLY GO TO THE VOTERS FOR THOSE 17 PENNIES.

AND WE HAVE THE 17 PENNIES. SO WE DON'T EVEN HAVE THAT OPTION.

[00:25:02]

OUR PROPOSED RATE IS $1.18654, SO WE ARE LOWER THAN OUR VTR.

YOU'RE GOING TO SEE TONIGHT. WE'RE LOWER THAN ALL OF OUR RATES, BUT I THOUGHT IT'D BE HELPFUL FOR YOU TO SEE WHAT DO THOSE RATES ACTUALLY LOOK LIKE.

AND THESE RATES ARE CALCULATED ON THE TNT THE TRUTH AND TAXATION FORMS FROM THE COMPTROLLER.

AND YOU'LL SEE WE KIND OF GO BACK AND FORTH. SOME OF OUR RATES ARE CALCULATED WITH OUR STATE FUNDING TEMPLATE, AND SOME ARE ACTUALLY CALCULATED WITH THE COMPTROLLER'S FORMS. AND THEN I'VE KIND OF GOT THIS PIECE ON HERE EACH TIME THAT, YOU KNOW, IF WE'RE ABOVE IT, WHAT'S THE CONSEQUENCE? SO IF WE EXCEED THAT, WE HAVE TO ORDER A VATR.

BUT OF COURSE, IN OUR, OUR CASE, AS I MENTIONED, WE DON'T HAVE ANY LEGAL RIGHT TO GO FOR A VATR ANY LONGER.

THE NEXT ONE IS THE NO-NEW-REVENUE TAX RATE. SO I THINK I EXPLAINED THIS TO YOU GUYS LAST YEAR.

THIS IS A RATE THAT'S ON THE COMPTROLLER'S TAX FORM.

IT APPLIES TO ALL TAXING ENTITIES, BUT SCHOOL DISTRICTS ARE A LITTLE DIFFERENT.

YOU'LL NOTICE THE DEFINITION, THE RATE THAT WOULD GENERATE NO ADDITIONAL LOCAL TAX REVENUE.

IT DOES NOT CONSIDER STATE AID OR RECAPTURE. SO THIS IS NOT THE RATE THAT WE PUT ON THE TARRANT APPRAISAL DISTRICT WEBSITE THAT WE POST WHEN WE POST OUR NOTICE, WHICH WE WILL DO THIS WEEK. THIS ACTUALLY GOES ON THE TAX ASSESSOR'S WEBSITE IN SEPTEMBER, BUT IT DOESN'T TAKE INTO ACCOUNT ANY OF OUR STATE REVENUE.

IT DOESN'T TAKE INTO ACCOUNT WHAT OUR DEBT PAYMENTS ARE.

THERE'S NOTHING IN IT THAT IS RELATED. SO THAT'S WHAT CITIES AS YOU'LL NOTICE, CITIES GET THAT BECAUSE THEY'RE JUST LOOKING AT TAX WELL CITIES AND COUNTIES TAX COLLECTIONS. SO HERE IS OUR NO-NEW-REVENUE RATE $1.219018.

AND YOU'LL NOTICE IT'S ABOVE OUR PROPOSED RATE WHICH DOESN'T HAPPEN OFTEN.

BUT BECAUSE OUR VALUES HAVE DROPPED THIS IS ONE OF THE UNIQUE TIMES THAT WE WILL BE BELOW THE NO-NEW-REVENUE RATE MOST YEARS.

IF WE HAVE ANY VALUE GROWTH AT ALL, WE WILL BE ABOVE THAT RATE.

BUT THIS IS NOT THE RATE THAT EVERYONE LOOKS AT PRIOR TO THE BOARD ADOPTING THE BUDGET.

IT'S ONLY PROPERTY VALUES OR PROPERTY TAXES. AND AS YOU REMEMBER, WHEN OUR PROPERTY TAXES GO DOWN, OUR STATE REVENUE GOES UP. SO FOR SCHOOL DISTRICTS, THIS LOOKS A LOT DIFFERENT THAN IT DOES FOR CITIES AND COUNTIES.

KATIE, IN THE HOMEWORK THAT YOU'RE DOING ABOUT THE APPRAISALS THE HOMEWORK WE'RE DOING ABOUT APPRAISALS, CAN WE FIND OUT FOR SURE.

ARE THEY GOING TO APPRAISE PROPERTY IN 27? THAT'S WHAT THEY'VE TOLD US THAT THEY ARE GOING TO APPRAISE PROPERTIES.

I JUST WANT TO SEE IT IN BLACK AND WHITE THAT THEY'RE GOING TO REALLY DO THAT. AND BUT ISN'T THERE A CAP THOUGH? I THINK.

TO DO A TO A 5% CAP, BUT I WAS GOING TO PULL THE REAPPRAISAL.

BECAUSE CURRENTLY THEY WERE DOING A 10% CAP BECAUSE. THAT'S THE STATE LEVEL. NOW THE STATE HAS A CAP.

SO LIKE IF WE'RE AT 85% OF MARKET AND THE APPRAISAL DISTRICT GETS US BACK TO MARKET, THEN THAT HOUSE IS GOING TO BE LIMITED TO A 10% INCREASE BY THE STATE LAW. BUT THEN THE APPRAISAL DISTRICT HAS PUT THEIR OWN CAPS IN PLACE, A 5%.

YES, SIR. THAT'S CORRECT. OKAY. SO IF WE ARE OVER THE NO-NEW-REVENUE RATE, WHICH WE ARE NOT THIS YEAR, THEN AND YOU'VE HAD TO DO THIS BEFORE IN THE MOTION TO ADOPT THE TAX RATE, YOU HAVE TO HAVE THIS SPECIFIC LANGUAGE IN THE INFORMATION THAT WE DO AT THAT MEETING. I GUESS ON THE 27TH.

AND VERY QUICKLY, MR. RODRIGUEZ, WE'RE TOLD WHAT OUR TAX RATE IS BASICALLY, AND THAT.

BECAUSE THE STATE NEEDS THE REVENUE. AND SO, BUT YET THEY MAKE US VOTE TO SAY THAT WE ARE EXCEEDING NO NEW TAX REVENUE WHEN THEY'RE TELLING US WHAT OUR TAX RATE IS. I JUST WELCOME TO SCHOOL.

YEAH. AND I WANTED TO ASK CAN WE MAKE SURE THAT WE ADVERTISE THIS VERY WELL THIS YEAR? THAT WE'RE UNDER THE NO-NEW-REVENUE? YES. OKAY.

WE CAN CERTAINLY TRY TO DO THAT. WE'LL, WE'LL MAKE SURE THAT WE INCLUDE THAT IN THE PUBLIC HEARING.

I JUST DON'T WANT TO MAKE SO MUCH OF A FUSS ABOUT IT THAN NEXT YEAR WHEN IT'S DIFFERENT.

YEAH. [LAUGHTER]. IT LIKELY WILL CHANGE. IT WILL DEFINITELY CHANGE SOMETHING ELSE.

OKAY. NUMBER FOUR. THIS. OKAY, SO THIS IS THE SCHOOL DISTRICT NO-NEW-REVENUE, BUT IT'S CALLED THE RATE TO MAINTAIN THE SAME LEVEL OF MAINTENANCE AND

[00:30:07]

AND THIS YEAR WE'RE BELOW IT. THERE ARE YEARS WHEN IT'S DIFFICULT TO BE BELOW IT, BUT WE ARE THIS YEAR.

SO THIS IS THE RATE THAT WOULD GENERATE THE SAME REVENUE PER STUDENT AS IN THE PRIOR YEAR.

IT DOES CONSIDER STATE AID AND RECAPTURE. SO THIS IS KIND OF THEIR ATTEMPT AT THE STATE LEVEL TO EVEN OUT THE FAIRNESS OF HOW THESE RATES ARE CALCULATED.

SO THIS IS WHAT WE WILL BE POSTING ON THE TARRANT COUNTY WEBSITE.

TARRANT APPRAISAL DISTRICT WEBSITE LATER THIS WEEK.

AND SO IF IN FACT WE WERE ABOVE IT, WHICH WE'RE NOT, YOU CAN SEE THE RATE TO MAINTAIN.

AND THIS IS M&O IS $0.80473. AND OUR PROPOSED RATE IS $0.7869.

THEN WE. THE CONSEQUENCE THERE WOULD. WE WOULD HAVE TO HAVE AT LEAST 60% OF THE BOARD MEMBERS VOTE IN FAVOR OF THE TAX RATE.

I DON'T REMEMBER THAT WE'VE BEEN ABOVE THIS IN A REALLY LONG TIME.

IT HAS TO KIND OF BE A SPECIAL CIRCUMSTANCE. THE NEXT ONE IS THE PROPOSED M&O RATE.

SO THIS IS THE MCR THAT WE LOOKED AT EARLIER THAT IS GIVEN TO US BY TEA AND ALL OF OUR TIER 2 PENNIES THAT WE RECEIVED IN THE VATR ELECTION.

SO IT'S THE GOLDEN AND COPPER PENNIES. SO THIS IS THE RATE LEVIED THAT WILL GENERATE OUR LOCAL REVENUE FOR M&O EXPENDITURES.

OH AND LET ME MAKE SURE I SAY THIS. THERE IS NO CHANGE OVER THE PRIOR YEAR.

SO WE'RE EXACTLY THE SAME AS LAST YEAR. THE PROPOSED I&S DEBT SERVICE RATE.

SO THIS IS THE RATE LEVY TO GENERATE FUNDING SUFFICIENT TO SERVICE A DISTRICT'S DEBT.

SO THIS. WE HAVE TWO OF THESE. SO THIS ONE IS ON THE COMPTROLLER'S TAX FORMS, AND YOU'LL NOTICE THAT THE TNT FORM.

HAS US FOR THE DEBT RATE IS $0.41642. NOW I'M GOING TO TELL YOU THIS.

MANY ENTITIES USE THIS CALCULATED RATE FOR THEIR DEBT SERVICE RATE.

BUT IT DOES NOT TAKE INTO ACCOUNT THE REVENUE.

THAT YOU RECEIVE FOR THE OVER 65 FREEZE. SO THAT'S WHY IT'S USUALLY A LITTLE BIT HIGHER.

USUALLY A FEW PENNIES HIGHER. BUT OUR PROPOSED RATE FOR OUR COMMITMENT TO OUR BOND, OUR.

VOTERS FROM OUR BOND ELECTION IS $0.39964. SO WE ARE LOWER THAN THE CALCULATED TNT RATE.

THAT'S HOW MUCH WE TELL THE VOTERS SO NOW THIS IS THE RATE TO MAINTAIN. AND THE RATE THAT WE NEED TO PAY OUR DEBT SERVICE FROM A STATE FUNDING PERSPECTIVE.

SO THIS ONE ACTUALLY USES THE STATE FUNDING PIECE INCLUDED.

THIS COMES OFF OF OUR STATE AID TEMPLATE THAT WE CALCULATE.

THIS IS NOT THE COMPTROLLER'S FORMS. YOU CAN SEE THE RATES A LITTLE BIT DIFFERENT.

SO THE TOTAL RATE TO MAINTAIN THE SAME LEVEL OF MAINTENANCE AND OPERATIONS AND PAY DEBT SERVICE.

SO THE NICE THING ABOUT THIS IS IT ACTUALLY TAKES YOUR DEBT PAYMENT INTO ACCOUNT.

IF YOU REMEMBER, ON THE NO-NEW-REVENUE RATE THAT WE LOOKED AT FROM THE COMPTROLLER, THAT WAS, YOU KNOW, NORMALLY WE ARE NOT BELOW. THEY DON'T CARE WHAT YOUR DEBT PAYMENT IS.

THEY DON'T CARE WHAT YOUR COMMITMENTS ARE. THIS ONE ACTUALLY LOOKS AT YOUR DEBT PAYMENT, WHICH IS A NICE, A NICE PIECE TO HAVE. SO OUR RATE TO MAINTAIN THE SAME LEVEL OF M&O AND PAY DEBT SERVICE IS $1.21597.

THE PROPOSED RATE IS $1.18654. SO WE ARE ACTUALLY LOWER THAN THAT RATE.

AND THEN THIS IS THE RATE THAT WILL GET PUBLISHED IN THE NEWSPAPER WITH OUR NOTICE THAT WE'LL PUBLISH ON THE 15TH.

RIGHT? ON THE 13TH. THIS LATER THIS WEEK. ALL RIGHT.

THEY POST IN THE TARRANT COUNTY RECORDER AS WELL.

SO THESE ARE TWO OTHER PIECES THAT WE DON'T HAVE THIS YEAR.

MANY YEARS WE DO. BASICALLY THE TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE.

WELL, WITH OUR VALUES DOWN AND OUR TAX RATE THE SAME, WE'RE GOING TO GENERATE LESS TAXES.

SO THAT'S A NO. IF IT WAS A YES THEN AND YOU'VE HAD THIS BEFORE WHERE WE HAVE TO INCLUDE IN THE RESOLUTION TO THE BOARD FOR THE TAXES THAT THIS RATE WILL RAISE MORE TAXES. AND THEN WE HAVE TO PUT ON OUR DISTRICT WEBSITE BETWEEN THE TAX ADOPTION TIME AND THE TIME THAT BILLS GO OUT IN OCTOBER, AND WE JUST HAVE TO POST IT ON THE BOTTOM. BUT WE WON'T HAVE TO DO THAT THIS YEAR.

AND THEN THE SECOND ONE, IF THIS IS YES. AND THEN WE HAVE ANOTHER PIECE TO THIS WHICH DOES NOT APPLY AGAIN.

[00:35:04]

SO YOU CAN SEE WE SIT DOWN AND GO THROUGH THESE VERY CAREFULLY TO MAKE SURE THAT WE KNOW EXACTLY WHAT WE'RE DOING.

BUT THIS YEAR WITH VALUES DOWN AND RATES THE SAME, WE ARE NOT GOING TO HAVE ANY OF THESE PIECES REQUIRED THIS YEAR.

JUST A REMINDER SO THAT EVERYONE'S CLEAR WHEN WE LOOK AT TAX YEAR, WE'RE LOOKING AT WHATEVER IS IN OCTOBER OF THE FISCAL YEAR.

SO IF OUR FISCAL YEAR 26-27, THAT WOULD BE TAX YEAR 26.

IT GETS I HAVE TO THINK OF IT ON MYSELF OCCASIONALLY.

SO 26 TAX YEAR IS THE 26-27 SCHOOL YEAR, WHICH IS THE 2027 FISCAL YEAR.

SO JUST KIND OF AS A RESOURCE FOR YOU. JUST SOME KEY DEADLINES.

AND WE'VE ALREADY MET THESE. THE DEADLINE TO ADOPT OUR BUDGET WAS BACK IN JUNE, WHICH THE BOARD DID.

WE'VE DONE OUR LOCAL PROPERTY VALUE STUDY WITH TEA, WHICH IS WHERE THEY CALCULATE OUR MAXIMUM COMPRESSED TAX RATE.

THE DEADLINE TO PUBLISH THE NOTICE FOR THE BUDGET MEETING AND THE TAX MEETING, WHICH IS WHAT WE'RE GOING TO BE DOING LATER THIS WEEK, IS 10 TO 30 DAYS BEFORE THE PUBLIC MEETING. AND THEN WE'RE THE BOARD IS REQUIRED TO ADOPT THE TAX RATE BY THE END OF SEPTEMBER.

JUST A FEW OTHER DATES. AND THESE THEY'VE MET THESE THE CHIEF APPRAISER HAS TO PROVIDE CERTIFIED ESTIMATE OF VALUES.

WE'VE ALREADY TALKED ABOUT THAT ONE. THE 25TH, THE CHIEF APPRAISER PROVIDES CERTIFIED APPRAISAL ROLL.

AND WE DID GET OUR CERTIFIED APPRAISAL ROLL EARLY AND THEN WE WERE NOTIFIED IT WAS INCORRECT.

SO ABOUT 3 OR 4 DAYS LATER, I BELIEVE IT WASN'T EARLY AT THAT POINT, THEY HAD TO SEND US A CORRECTED ROLL.

I ACTUALLY TALKED TO THE CFO IN HEB, AND HE HAD ALREADY DONE HIS MAXIMUM COMPRESSED TAX RATE CALCULATION WITH TEA.

SO HE HAD TO GO IN AND TRY TO GET THAT REDONE.

SO I HAD DELAYED A COUPLE OF DAYS BECAUSE IT WAS EARLY AND I WAS KIND OF GLAD THAT I DID.

TEA GIVES US THAT MAXIMUM COMPRESSED TAX RATE.

AND THEN THERE'S JUST THE OTHERS. AND OF COURSE THE DEADLINE FOR TEA TO GO THROUGH AN APPEAL WHICH WE'VE, WE'VE NEVER HAD TO APPEAL THAT MAXIMUM COMPRESSED TAX RATE.

ALL RIGHT. JUST A COUPLE MORE SLIDES TO GET. AS YOU REMEMBER WE TALKED ABOUT LAST MONTH OR MAYBE IT WAS.

YEAH, IT WAS LAST MONTH. I THINK THAT WE TEND TO WAIT ON THE GENERAL FUND AMENDED BUDGET UNTIL OCTOBER WHEN WE HAVE OUR STUDENT NUMBERS, BECAUSE ALL THOSE DOLLARS ARE DRIVEN BY THE STUDENT NUMBERS.

NOW THAT WE'VE SOLD OUR BONDS, WE WILL BE ABLE TO UPDATE THE DEBT SERVICE FUND THIS MONTH AT THE 27TH MEETING.

SO WE DID HAVE OUR BOND SALE ON JULY THE 30TH.

I WILL TELL YOU, WE DID WELL BECAUSE WE WERE BELOW THE FINANCING PLAN THAT WAS PROVIDED.

BUT THE DAY BEFORE AT 5:00, THE MARKETS LOOKED PRETTY GOOD.

AND THEN WE BOMBED IRAN OVERNIGHT AND WE HAD A MEETING THE NEXT DAY OF THE.

MIND JUST WENT TOTALLY BLANK. SO YEAH, THE FED'S MET.

AND SO THEY HAD TO DO A LITTLE HARD WORK, A LOT OF HARD WORK THAT DAY, BUT WE WERE STILL ABLE TO STAY BELOW THE RATES THAT THEY HAD PROJECTED SO. THERE WAS A LOT OF NEGOTIATION THAT MORNING THAT'S EXACTLY RIGHT. WE DIDN'T GET TO GET OUT IN THE MARKET QUITE AT EIGHT, BECAUSE THEY HAD TO WORK A LITTLE HARDER THAT MORNING TO GET JUST THE RIGHT PIECES.

BUT BECAUSE OF HOW WELL YOU'VE MANAGED YOUR MONEY AND YOUR FINANCES.

AS JOSH SAYS, WE'RE THE PRETTIEST GIRL AT THE BALL.

SO PEOPLE WANT TO BUY BIRDVILLE BONDS BECAUSE OF THE RATINGS FOR THIS DISTRICT.

SO CONGRATULATIONS FOR THAT SO.

WELL, IT'S 4.69. YES SIR. INITIALLY WE DID A 5.

AND THEN IN JUNE HE WAS PROJECTING 4.69. SO WE WERE STILL BELOW.

SO WE WERE STILL SUCCESSFUL AND. VOTERS THAT'S CORRECT. THAT'S CORRECT.

YES SIR. YES SIR. AND SO THIS IS THE REFUNDING THAT IF YOU RECALL, WE DID JUST A SMALL REFUNDING.

JOSH WAS PROJECTING $500,000 OF SAVINGS. YOU'LL SEE THE YELLOW.

WE ACTUALLY HAD $720,000 OF SAVINGS ON THAT REFUNDING.

SO THAT WAS REALLY POSITIVE. AND THEN I JUST WANT TO REMIND YOU AND CONGRATULATE YOU SINCE 2012 THROUGH REFINANCINGS AND BOND PREPAYMENTS.

YOU SAVED THE VOTERS ALMOST $57 MILLION IN INTEREST.

THAT IS VERY WELL DONE.

[LAUGHTER]. AND THESE ARE THE THINGS THAT THE LEGISLATURE IS DISCOURAGING US FROM DOING THESE DAYS AND MAKING IT MORE DIFFICULT FOR BOND PREPAYMENTS.

[00:40:05]

SO WE HAD A LITTLE BIT OF REDUCTION IN OUR LOCAL REVENUE FOR TAXES.

WE HAD A LITTLE BIT OF INCREASE IN OUR STATE REVENUE.

NOW THAT WE KNEW WHAT OUR BOND PAYMENTS WERE GOING TO BE.

WE'VE GOT OUR BOND PAYMENTS OF $59 MILLION, WHICH FOR THE FISCAL YEAR WAS A LITTLE BIT LESS.

THE NEW ONE OF THE NEW BOND PAYMENTS WILL BE NEXT AUGUST, WHICH WE HAVE TO PLAN FOR.

SO WE'LL BE PROPOSING A SURPLUS OF $2.1 MILLION.

GETTING OUR FUND BALANCE TO 37.6. AND THEN THAT PAYMENT THAT'S GOING TO BE COMING NEXT AUGUST IS $2 MILLION MORE THAN THE INITIAL PAYMENT WE HAD.

SO THAT GETS US DOWN TO AROUND $23.4 MILLION IN OUR BOND RATERS REALLY LIKE THAT YOU GUYS HAVE KEPT A HEALTHY FUND BALANCE IN YOUR DEBT SERVICE FUND.

IT ALSO GIVES YOU THE ABILITY, IF WE HAVE A BAD YEAR, IF WE NEEDED TO UTILIZE A LITTLE BIT OF FUND BALANCE, IT'S SO HEALTHY THAT WE'LL BE ABLE TO KEEP OUR TAX RATE WHERE WE PROMISED THE VOTERS.

SO WELL DONE. AND THAT'S MY LAST SLIDE.

THANK YOU, KATIE. ARE THERE ANY QUESTIONS? THANK YOU. YEAH. I JUST WANT TO SAY THANK YOU, KATIE FOR ALL YOUR HARD WORK AND.

THANK YOU. KEEPING US GOING. WE APPRECIATE YOU.

WE ALL ARE EASY TO WORK FOR THANK YOU. ALL RIGHT.

[I. CONSIDER PERSONNEL ITEMS AS DISCUSSED IN CLOSED SESSION]

DO I HEAR A MOTION FOR THE PERSONAL ITEMS? MADAM PRESIDENT, I MOVE THE BOARD APPROVED ALL.

ADOPT ALL PERSONNEL ITEMS AS PRESENTED AND RECOMMENDED BY THE SUPERINTENDENT.

I'LL SECOND. THANK YOU, MR. DILKS AND MR. DREES.

ANY DISCUSSION OR ANYTHING? NOW WE'LL CALL FOR.

YEAH. CALL FOR A VOTE. [LAUGHTER] ALL IN FAVOR? MOTION PASSES. ALL RIGHT. NEXT, WE HAVE THE CONSENT AGENDA.

[J. CONSENT ITEMS]

IS THERE ANY ITEM THAT A BOARD MEMBER WOULD LIKE TO PULL FROM THE CONSENT AGENDA? DO I HAVE A MOTION FOR THE CONSENT AGENDA? YEAH.

MADAM PRESIDENT, I MOVE THAT THE BOARD APPROVE ALL ITEMS IN THE CONSENT AGENDA AS PRESENTED.

THANK YOU, MR. DREES. DO I HAVE A SECOND? SECOND.

THANK YOU, MR. DILKS. ANY DISCUSSION? CALL FOR A VOTE.

ALL IN FAVOR? MOTION PASSES. THANK YOU. OUR NEXT REGULAR MEETING WILL BE ON THURSDAY, AUGUST 27TH IN THE

[K. FUTURE BOARD MEETINGS]

THE MEETING WILL OPEN AT 5:30 P.M. RECESS INTO CLOSED SESSION AND RECONVENE INTO OPEN SESSION AT 7:00 P.M.

AS WE HAVE NO FURTHER BUSINESS, DO I HEAR A MOTION TO ADJOURN THE MEETING? I JUST HAVE ONE QUICK COMMENT BEFORE WE ADJOURN.

IF YOU'LL NOTICE AT YOUR SPOT, OUR COMMUNICATIONS TEAM HAS PUT TOGETHER SOME DATES FOR YOU AND WE ARE SO APPRECIATIVE OF THAT.

YOU HAVE SOME A ONE PAGER OF THE BISD BACK TO SCHOOL EVENTS WHICH ACTUALLY HAVE ALREADY BEGUN.

AND, AND THANK, THANK YOU ALL WHO'VE BEEN PARTICIPATING IN THAT AND ESPECIALLY ANYONE WHO'S BEEN ABLE TO, TO GET BACK AND SEE OUR TEACHERS AND WELCOME NEW TEACHERS AND THANK THE, THANK THE TEACHERS THAT HAVE BEEN HERE.

SO WE'RE LOOKING FORWARD TO THAT. ALSO, YOU HAVE VARSITY FOOTBALL SCHEDULE IN FRONT OF YOU.

AND WE'LL BE GETTING BACK TO YOU ON THAT AND THEN A FRONT AND BACK.

IT LOOKS LIKE NEWLY REVISED. THAT WILL TAKE YOU ALL THE WAY TO JUNE OF 27 WITH SOME IMPORTANT DATES.

SO, MEGAN, DID I LEAVE ANYTHING OUT? OKAY. ALL RIGHT. WELL, I'M VERY PROUD TO ADD THAT MY DAUGHTER MADE VARSITY VOLLEYBALL AT RICHLAND, SO SHE'LL BE PLAYING. CONGRATULATIONS. [APPLAUSE].

YEAH. CONGRATULATIONS. TOP 12 SO FAR IN OUR CLASS.

IT'S. OH, YEAH. THOSE ARE ALL GREAT THINGS. ACADEMICS ENHANCES.

I'M SORRY. ATHLETICS ENHANCES ACADEMICS. I KNOW WHAT I'M SAYING.

YEAH. AND AGREEING WITH YOU 100%. AND MY KIDS WOULD TELL ME I SAY THAT A LOT, YOU KNOW, 100% AS IN 100% GO CLEAN YOUR ROOM NOW. [LAUGHTER] BUT THEY JUST TOLD ME THAT I SAY THAT A LOT.

SO I'M DOING MY, I'M TRYING TO DO BETTER, BUT WE HAVE ABOUT 85% OF OUR STUDENTS IN BISD THAT PARTICIPATE IN SOME SORT OF EXTRACURRICULAR.

AND YOU'RE EXACTLY RIGHT. I COULD TALK ABOUT THAT A LONG TIME, BUT HOW THAT ENHANCES ACADEMICS.

AND SO WE'LL TALK ABOUT ALL THAT LATER. BUT YEAH, CONGRATULATIONS TO YOUR FAMILY.

[00:45:05]

06:54. YES

* This transcript was compiled from uncorrected Closed Captioning.