FBW comment: Why no one has mentioned the "reserve" accounts (developed from past bond elections) often referred to as the rainy day fund. It was close to 100 million last year. We've had 3 property tax rate increases in a row...what next?
FB Sun- After 4 years of concurrent budget deficits and property tax increases, outlook under the district leadership is bleak:
2009 FBISD Tax Hearing (On YouTube)
CLICK HERE FOR THE 2009 FBISD CONTROVERSIAL TAX HEARING (YES THEY ARE RAISING THEM AGAIN--see petition of over 500 district taxpayers asking for board accountability) --In case anyone missed it they raised the property tax rate again (4th time) in 2010 and more than likely will do so again in 2011 facing another projected 15-20 million dollar budget deficit, according to some media reports. ***NEW*** ..Petition TO STOP THE GSTC (Global Science Museum being planned at the district central office--near $30 million dollar project that superintendent Jenney is pushing): http://www.ipetitions.com/petition/stopthegcst/ (see update below on this apparently ending this project after 2 years)