The Victoria ISD Board of Trustees approved a balanced budget for the 2026-27 fiscal year and adopted the districtโs 2026-27 tax rate during its August 27 special called meeting, establishing the financial framework to support district operations, student services and voter-approved investments in VISD schools.
The Board adopted balanced budgets for the General Operating, Debt Service and Child Nutrition funds, with projected revenues matching expenditures in each fund.
The adopted 2026-27 budgets include:
General Operating Fund: $135,373,099 in revenues and expenditures
Debt Service Fund: $18,575,280 in revenues and expenditures
Child Nutrition Fund: $9,321,719 in revenues and expenditures
The General Operating Fund supports the districtโs day-to-day operations and educational programs, including instruction, staffing, student support services, transportation, insurance, utilities, facilities and other services necessary to serve VISD students and campuses.
The Child Nutrition Fund, which is 100% federally funded, supports the districtโs school meal programs, while the Debt Service Fund is used to meet the districtโs debt obligations, including those associated with voter-approved bonds.
The Board also adopted a total tax rate of $0.9180 per $100 of assessed taxable value for the 2026-27 fiscal year. The rate consists of:
Maintenance & Operations (M&O): $0.6969
Interest & Sinking (I&S): $0.2211
Total Tax Rate: $0.9180 per $100 of assessed taxable value
The total tax rate represents an increase of $0.1145 from the prior year. The increase is associated with the I&S portion of the tax rate and reflects the debt service requirements resulting from the May 2026 voter-approved bond.
Development of the 2026-27 budget began in January with district and campus needs assessments, and included Board workshops, financial projections and administrative planning. The adopted budget reflects the Boardโs direction and the districtโs commitment to maintaining fiscal responsibility while supporting the educational and operational needs of VISD students and staff.
By adopting balanced budgets across the districtโs major funds, VISD enters the 2026-27 fiscal year with revenues and expenditures aligned while moving forward with a clear focus on student outcomes.
โVictoria ISD remains committed to responsible stewardship of taxpayer dollars while ensuring our resources are aligned with the needs of our students, staff and schools,โ Superintendent Sheila Collazo said. โThe adoption of a balanced budget allows us to continue supporting our districtโs educational priorities, while the adopted tax rate enables VISD to begin fulfilling the commitments made to our community through the voter-approved May 2026 bond.โ
The 2026-27 fiscal year begins September 1, 2026.