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Traditional Finances

 

To increase transparency, Argyle ISD is committed to providing financial information that is transparent, relevant, and easily accessible.

The finance department is responsible for the management of the district's financial resources in a fiscally responsible and transparent manner.  It is our goal to share this information, helping taxpayers better understand how their tax dollars are spent.

 

 

 

Finance Summary As of August 31, 2023

  • All Fund Expenditures: $101,950,879 Total and $20,530 Per Student
  • General Fund Expenditures: $49,184,442 Total and $9,904 Per Student 
  • All Fund Revenues:  $83,952,156 Total and $16,905 Per Student
  • General Fund Revenues: $50,265,840 Total and $10,122 Per Student
  • Revenue from Property Taxes:  $35,690,082 Total and $7,187 Per Student 

 

             

Tax Rate

Each year a school district adopts two tax rates - Maintenance and Operation (M&O) and Interest and Sinking (I&S).

The Argyle ISD Board of Trustees initially approved a tax rate of $1.2869 on August 19, 2024, in anticipation of passing a VATRE. However, following an unsuccessful vote, the Board was required to adopt a resolution on November 19, 2024, setting the tax rate at $1.2099.

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