Original Post Date: August 30, 2023
Pecos-Barstow-Toyah Independent School District (PBTISD) is pleased to announce significant developments that will positively impact the community and its educational initiatives. The Board of Trustees has approved a reduction in the tax rate from $1.0605 to $1.0200. Making PBTISD one of the lowest tax rates in the state of Texas.
This remarkable achievement is a testament to PBTISD's commitment to providing quality education while being fiscally responsible to taxpayers. The lowered tax rate and approved budget reflect the District's dedication to maximizing resources for the betterment of our students and the community as a whole.
"We are thrilled to announce the reduction of the tax rate to $1.0200,” said Superintendent Brent Jaco. “This decision showcases our dedication to ensuring that quality education remains accessible while alleviating the burden on our valued taxpayers. Our team has worked diligently to strike a balance between financial prudence and maintaining high educational standards."
Though the tax rate is $1.0200, the District is still committed and on track to paying off all debts by 2029 should values in the area continue to stay up.
Additionally, the Board has approved a balanced budget for the upcoming 2024 fiscal year, reinforcing PBTISD's dedication to educational excellence within a fiscally sound framework.
"The approval of the budget for the 2024 fiscal year signifies the unity and commitment of our Board to serve the best interests of our students and families,” said Board President AlexAndrea Zamarripa. “We understand the importance of responsible financial management and are excited to continue advancing educational opportunities within a financially sustainable framework."
PBTISD remains dedicated to transparent communication, fiscal responsibility, and delivering high-quality education to its students and community. The District is excited to build on these accomplishments and looks forward to a successful 2024 fiscal year.