Paris ISDâs Fiscal Year 2021-22 budget is beginning to take shape, but much of it currently relies on frequently changing estimates until the state and Lamar County Appraisal District provide final numbers, district business manager Tish Holleman reported to trustees. However, some of those numbers wonât be available until after the budget is approved.
Itâs a perennial issue for school districts since they operate on a July to June fiscal year, but state funding numbers arenât finalized until August. That oftens leads to financial amendments in September necessary to maintain a balanced budget, Holleman said as she reported what work must be done before a public hearing on the budget that will be up for approval June 21. Among that work is determining the districtâs proposed tax rate, a number Holleman said she cannot yet pinpoint.
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Although the federal government’s Families First Coronavirus Response Act expired on Dec. 31, Paris ISD teachers and staff will continue to have the guaranteed paid time off should they need