Humble ISD projects 2% on-average raises for all returning staff in FY 2024-25 budget
Humble ISD projects 2% on-average raises for all returning staff in FY 2024-25 budget
Source: Community Impact NE Houston
Date: 05/24/2024 2:09pm
Article Summary:
Humble ISD Recommends 2% Raises for Returning Staff in FY 2024-25 Budget
Humble ISD officials are proposing a 2% on-average raise for all returning staff in the district's fiscal year 2024-25 budget, which includes a 1% pay increase and a one-time stipend worth 1% of salaries. The budget also includes no increases to health insurance premiums and projects a tax rate decrease to $1.1055 per $100 valuation, with a $15 million budget shortfall due to funding decreases and increased operational costs. Trustees will vote on adopting the budget in June and the tax rate in September.
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Date: 05/24/2024 2:09pm
Article Summary:
Humble ISD Recommends 2% Raises for Returning Staff in FY 2024-25 Budget
Humble ISD officials are proposing a 2% on-average raise for all returning staff in the district's fiscal year 2024-25 budget, which includes a 1% pay increase and a one-time stipend worth 1% of salaries. The budget also includes no increases to health insurance premiums and projects a tax rate decrease to $1.1055 per $100 valuation, with a $15 million budget shortfall due to funding decreases and increased operational costs. Trustees will vote on adopting the budget in June and the tax rate in September.
Read article here »