DRIPPING SPRINGS – A $101 million budget was approved by the Dripping Springs ISD (DSISD) Board on Monday.
The approved DSISD budget includes $20 million in recapture (payment back to the state) and nearly $67.5 million in payroll for more than 1,000 district employees. Recapture and payroll accounts for 86.5% of the budget that will go into effect on July 1.
The budget includes the following compensation plan that was approved by the board on May 23:
• 7% raise for teaching staff (based on median teacher salary)
• 7% raise for auxiliary/clerical hourly staff (based on pay grade midpoint)
• 4% raise for administrative/professional staff (based on pay grade midpoint)
• The adoption of a minimum $15 per hour wage for all hourly staff
The tax rate for the 2022-23 year will be adopted no later than Sept. 30, 2022.