A good — and groggy — morning to the 50,000 UT-Austin students returning to class today. Here’s some of Austin’s top overnight stories.
Austin School Board Approves 2012-13 Budget
The Austin ISD Board of Trustees approved a budget for the coming school year last night, including $14 million in raises for district employees.
The Austin American-Statesman has more details on the budget:
The district will keep its tax rate the same, at $1.242 per $100 of assessed value, with $1.079 for operations and 16.3 cents for debt. The owner of an average taxable value home, $244,534 after exemptions, would pay $3,037 annually, an increase of $7.