Bay City Independent School District special meeting, Aug 12, 2026
33 min
This board doesn’t post agenda times. Click a board member to jump to where they first speak; we list only members whose voice our check named. Video length 33 min.
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What happened
What happened at this meeting
Bay City ISD board adopts 0.7389 maintenance and operations tax rate for 2026 16:41
- A district staff member presented a report on the attendance credit and walked the board through a public hearing on proposed tax rates. 0:33
- The staff member said the proposed maintenance tax rate was 0.7389 and the proposed debt service rate was 0.2309, for a total proposed rate of 0.9689. 7:31
Item by item (11)
- Opening 0:09
- The meeting was called to order at 6:02 with a quorum present. 0:09
- Attendance credit report 0:33
- A district staff member said the state predicts the district's estimated local yield per penny per WADA exceeds the Tier 2 threshold of $49.72. 0:33
- The staff member said the board would be asked at the next meeting to approve intent to purchase the attendance credit. 0:33
- The staff member said WADA is weighted average daily attendance, adjusted for student and district characteristics such as special needs and bilingual students. 1:40
- Public hearing on proposed tax rates 6:08
- A district staff member said the proposed maintenance tax rate was 0.7389 and the proposed debt service rate was 0.2309, for a total of 0.9689. 7:31
- The staff member said taxes on the average residence would be about $762 a year, an increase of $74 a year. 8:42
- The staff member said the freeze-adjusted maintenance and operations value decreased by approximately $372 million. 9:18
- Trustee oath of office 14:01
- Maintenance and operations tax rate 15:35
- Debt service rate above minimum 16:51
- A district staff member said the district was suggesting an interest and sinking rate of 0.2309, an increase of 0.012. 17:19
- The motion stated the district's minimum debt service tax rate is 0.21890 per $100 valuation and the added revenue would be used for lawful debt service purposes. 18:01
- The motion passed 7 to 0. 18:55
- Interest and sinking fund tax rate 19:35
- Board of Trustees orders 19:55
- Bond order 20:33
- A district staff member said the bond would be for $8 million, and financial advisors were projecting anywhere from 6.7 to potentially 7.5 depending on interest rates. 21:04
- A motion was made to approve an order on a bond for the Bay City Independent School District. 21:45
- The motion passed 7-0. 22:08
- Closed session and personnel 22:01
- Final agreement item 32:24
Written by software from the meeting's transcript and checked sentence by sentence against it.
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Video: posted by the district as “8/12/26 BCISD Special Board Meeting”