• Home
  • About
    • About Us
    • Celebrations
    • Partnerships
    • Volunteering
  • Topics
    • Academics
    • Counseling
    • CRT
    • Finances
    • Libraries
    • Pedophilia
    • Policy
    • Politics
    • Reports
    • Teachers
    • Technology
  • News
    • Newsletters
    • Podcasts
    • Print & Web
    • Twitter
    • TV & Radio
  • Contact
  • Donate
  • More
    • Home
    • About
      • About Us
      • Celebrations
      • Partnerships
      • Volunteering
    • Topics
      • Academics
      • Counseling
      • CRT
      • Finances
      • Libraries
      • Pedophilia
      • Policy
      • Politics
      • Reports
      • Teachers
      • Technology
    • News
      • Newsletters
      • Podcasts
      • Print & Web
      • Twitter
      • TV & Radio
    • Contact
    • Donate
  • Sign In
  • Create Account

  • My Account
  • Signed in as:

  • filler@godaddy.com


  • My Account
  • Sign out

Signed in as:

filler@godaddy.com

  • Home
  • About
    • About Us
    • Celebrations
    • Partnerships
    • Volunteering
  • Topics
    • Academics
    • Counseling
    • CRT
    • Finances
    • Libraries
    • Pedophilia
    • Policy
    • Politics
    • Reports
    • Teachers
    • Technology
  • News
    • Newsletters
    • Podcasts
    • Print & Web
    • Twitter
    • TV & Radio
  • Contact
  • Donate

Account


  • My Account
  • Sign out


  • Sign In
  • My Account

GCISD is over half a billion dollars in debt & their only revenue source is you.

Financial Transparency

The GCISD trustees set the tax rates. 


The amount in taxes paid to GCISD is determined by the tax rate multiplied by our property value.  Thus, taxes can go up: 


  1. if rates go up OR 
  2. if property values go up. 


There are two tax rates that comprise the total GCISD tax rate, which puts the money into two different buckets for GCISD to use.  


  • One bucket is for Maintenance and Operations, which covers salaries for teachers and administration.  
  • The other is the Debt Service bucket, which is used to pay back outstanding bonds for capital improvements.  


Money collected in one bucket cannot be moved to the other bucket, so Debt Service money cannot be used for Maintenance and Operations.  


Robin Hood is a Texas program which GCISD is required to pay into that takes money from the M&O Bucket.  Because of this, it is more efficient to pay for capital improvement projects and equipment through bonds.

GCISD Tax Rate drop (9.25.22)

 On 9/25/22, GCISD's trustees approved an historic property tax rate decrease, saving our community an average of $600+ annually per household. This decrease will not harm GCISD's operations budget. 

gcisd tax flyer 2022-2023

2022 Tax Flyer (pdf)

Download

TAX savings & Bond use

balanced Budget Update (6.20.22)

Balanced Budget

For the first time in over 10 years, GCISD will be starting off the year with a balanced budget. This budget initiative was accomplished in coordination with district leadership and voted in by 4 of the 7 trustees (President Ford,  Vice President Braun, Secretary Spradley, and member Nakamura).

Future Expenditures

Any additional expenditures for the year can be approved on an as-needed basis by the board. This allows the board to be flexible and focused with spending. It also allows for maximum transparency to taxpayers about expenditures.

Protecting our Financial Future

As our country heads into a recession, it is of the utmost importance that GCISD focuses its resources where we need it most -- in the classrooms. This means teacher pay and instructional materials. In accordance with this philosophy, the approved budget included another teacher pay raise to bring their salaries to a competitive market level.

board president, trustee ford, saves money for Gcisd

$30 MILLION

 In 2021, Trustee Casey Ford combed through the district's budget and discovered $30,000,000 in unallocated funds. Due to his diligence, that money was recovered for GCISD's budget. 

$15 MILLION

 In 2022, Trustee Casey Ford discovered an additional $15,000,000 in unallocated funds in GCISD's budget. His diligence has now recovered $45,000,000 in funds for GCISD over the past two years he has been in office. 

RESPONSIBLE STEWARDSHIP

Trustees Ford and Braun led the charge to eliminate 18,500 duplicate and unnecessary vendors in GCISD. They also made sure the district followed standard business practices by hiring a new auditor, which had not been done since 2009. 

GCISD Bond Program

-Blue is the Principal payment.

-Red is the Interest payment.

-The first year is 2020.

-It will take until 2041 to pay off our debt without new bonds.

FISCAL RESPONSIBILITY

Bond Timeline

  • In 2016, GCISD voters passed a $248 million dollar bond.


  • After the passing of the 2016 bond, the total bond debt for GCISD, including principal and interest, exceeded $760 million dollars (over ¾ of a billion dollars). This amount includes existing bonds we were already paying.  


  • In January of 2020, the total bond debt was $663 million dollars, including principal and interest.  


  • In June of 2021, the total bond debt was $576 million dollars, including principal and interest, with $390 million being Principal debt.

Debt

GCISD was $576,643,581 dollars in debt as of June 21, 2021.

This table is from the district's annual Budget Book for 2021-2022. 

That budget was adopted June 21, 2021.

Tax Trend

Taxes Go Up

This graph shows the net taxable value history for GCISD since the 2017-2018 school year.

The Scores You're paying for

GCISD's STAAR Scores are "Above Average" for Texas

This graph shoes the percent of students who met or exceeded grade level expectations district-wide for all STAAR subjects, starting back in the 2017-2018 school year. All data derives from the district's annual TAPR numbers (Texas Academic Performance Report). Students did not take the STAAR in the 2020-2021 school year.

Taxes go up, scores stay "above average."

GCISD Budget Books

2017-18 Budget book (pdf)

Download

2018-19 Budget Book (pdf)

Download

2020-21 Budget Book (pdf)

Download

2021-22 Budget Book (pdf)

Download

Copyright © 2023 GCISD Parents - All Rights Reserved.


Disclaimers:  

This page is not officially affiliated with GCISD in any way. 

"AP" is a registered trademark of the College Board, which in no way endorses this site.

  • DEPROGRAMMED
  • ciads
  • OpenGCISD
  • Privacy Policy
  • Terms and Conditions
  • CRT Glossary
  • WGT 79A

Connect with us!

Sign up for our newsletter or complete our volunteer form.

Newsletter/Volunteer Form