FISD adopts $61.7 million budget
During the Monday night Fredericksburg Independent School District board of trustees meeting, trustees adopted a $61.7 million budget, but 42% of this amount will be sent back to the state for recapture, a practice commonly known as "Robin Hood." Additionally, trustees also set the nutrition budget at $2.7 million, and set its debt service fund at $7.9 million. This particular fund uses revenue from local property taxes to help pay […]