By ASHLEY TERRY Staff Writer
The Granbury Independent School District board of trustees took key financial steps in its latest meeting Aug. 19, by adopting a new budget, setting a tax rate and initiating a debt relief plan.
GISD BUDGET
During the meeting, GISD’s Chief Financial Officer Emmett Whitefield outlined three different budgets for the district: general operating, debt service and child nutrition.
The general operating budget has been set at $93,901,941, reflecting a revenue increase of $792,000, or 0.85%, compared to the previous year.
The district is currently facing rising fuel costs, which have jumped by 109% over the past three years. Whitefield reported GISD’s fuel expenses…
