Budget Information

Operating Budget
$196.6 million, which includes approximately $50.9 million for GCISD's recapture of tax revenue (better known as "Robin Hood" payments)

Per Pupil Expenditure
$13,586 (excluding "Robin Hood" and TIF)
(General Operating & Debt Svc.)

Total Tax Rate
$1.3031 per $100 valuation of homes reflects an interest and sinking of $.3367 and $0.9664 for maintenance and operations.

Source of Funds (General Operating)
Local - 89.8%
State - 8.8%
Federal - 1.4%

Average 2020 Taxable Value of Residences (based on July 25th values)
$382,545 ($375,621 prior year)

Taxes Due on Average Residence in 2020 (based on July 25th values)
$4,985 ($4,983 prior year at 2019 tax rate) 

Budget approved June 15, 2020 by the Board of Trustees