Michael Evans is pleased that the Mansfield school district’s 2015-2016 budget is balanced, adds positions and includes a lower tax rate.
The Mansfield school board approved the new budget, which includes a tax rate of $1.510 per $100 of valuation.
“This is one of the ways we can offer thanks and show gratitude,” said Evans, school board president. “We want to be good stewards of their dollars.”
The new rate is a 1.71-cent decrease compared to the $1.5271 per $100 of value rate from 2014-2015. The 2015-2016 tax rate includes the maintenance and operations rate of $1.04 and a debt rate of 47 cents per $100 of property value.
Mansfield school district residents with a home valued at $200,000 will pay $3,020 annually with the tax rate. A similar home would have paid $3,094.20 with last year’s rate.
Karen Wiesman, associate superintendent of business and finance, said the district is able to achieve a lower rate due to the refunding of the district’s debt that reduced payments and an increase in tax base. Wiesman said the district plans to keep the lower rate for a few years.
“We use our resources wisely and effectively,” trustee Raul Gonzalez said. “We’re very blessed to have full support of the community.”
The budget also includes a general operating budget of $257,688,535, school nutrition budget of $17,197,291 and a debt service budget of $53,517,100.
The budget also includes a higher minimum salary for teachers and a raise for paraprofessional and professional staff. The district also added 12 contingency positions to address growth and 12 additional positions.
“We were able to give raises and we were able to lower taxes and I think tonight is very good night, this is something we’re very proud of,” Superintendent Jim Vaszauskas said during the meeting.
Dustin L. Dangli, 817-390-7770