June 20, 2024

Austin ISD Board Adopts a $1.80 Billion General Fund Budget

The Austin ISD Board of Trustees, at its June 20th Regular Voting Meeting, approved the adoption of the Fiscal Year 2024-25 Budget.

The Austin ISD budget reflects a strong commitment to advancing key initiatives that address funding needs and prioritize safety across the district.

Voter-Approval Tax Rate Election (VATRE) / Proposition A

The VATRE represents a vital opportunity to secure additional funding through a modest adjustment to the Maintenance and Operations tax rate. If approved by voters on November 5, this initiative will provide critical support for:

• Teacher and Staff Salaries: $17.3 million allocated for market adjustments to ensure competitive pay and attract and retain experienced educators.
• Minimum Pay Increase: Classified staff to receive at least a $0.25/hour raise, fostering equitable compensation.
• Experienced Teacher Retention: Addressing salary disparities to retain veteran teachers through targeted increases.

The VATRE vote is an important step toward achieving competitive compensation and ensuring the safety of our school community. We encourage all stakeholders to review these initiatives and participate in the November 5th election.

Together, we can secure the resources needed to support the success of our students and the well-being of the Austin ISD community.