District news
Board adopts 2026-27 budget with a $169,291 deficit
What happened
On August 25 the board adopted a 2026-27 budget that spends $169,291 more than it brings in. The first draft had a deficit of about $214,000. The total tax rate was set at $1.2204 per $100 of property value ($0.7954 for operations, $0.425 for bond debt), up from $1.1917 last year.
Why it matters to families
A deficit budget draws on savings, which the district estimated at about $3.2 million. In July the superintendent also talked about a policy letting the district take short-term bank loans to cover cash flow.
The evidence
August 25, 2026 special meeting minutes record the deficit, the earlier draft, the tax rates and the 6-0 votes. The district's August 2026 tax notice gives last year's $1.1917 rate and the fund balance estimate. July 28 minutes record the short-term loan discussion.
The source
August 25, 2026 budget and tax rate meeting minutesSee the full record for Booker ISD.
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