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Friday's Internet Edition, September 10, 2010.

Riviera ISD sets Tuesday budget meeting

- Riviera Independent School District will present a “reasonable 2007-2008 budget” to the school board for its approval, according to Dana Hickey, district business manager.
A state mandated tax rate of $1.04 per $100 valuation will also be presented for formal approval at a meeting Tuesday night in Riviera
The public hearing on the budget is at 6 p.m. public hearing and the regular meeting starts at 7 p.m.
Riviera ISD’s proposed budget is $5.1 million with revenues of $5.4 million.
The district does not have any debt service.
The district has 86 employees with 70 of them being teachers. Most of the expenditures are for salaries, according to Hickey.
Riviera ISD has 490 students enrolled this year.
Riviera ISD will have to refund $257,000 in tax revenue to the King Ranch as part of a lawsuit settle between King Ranch and the Kleberg County Appraisal District
King Ranch sued the appraisal district and reached a successful settlement over the method the district used to determine the value of certain ranchland.

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