The Buffalo Independent School District Board of Trustees voted to adopt an ordinance setting the district tax rate for 2026 at a total rate of 1.1105 and approved the district budget for the 2026–27 fiscal year. The ordinance reading was placed on the record and the motion to adopt carried by voice vote.
District staff told trustees a correction from county calculations produced the final rate. As read on the record, the ordinance set the maintenance-and-operations portion at 0.7235 and the interest-and-sinking portion at 0.3870. During discussion, S2 noted the worksheet correction: "So once we got that right, our VATER is like 1.12 something something," and recommended keeping the district rate at 1.1105 to preserve the previously published totals. Trustees moved and approved the budget and tax-rate ordinance in separate motions; the board also approved related year-end amendments to move funds between function codes to avoid overspending.
Board members were told the budget includes retention stipends previously agreed to (a $205,000 retention package spread with an agreed November payment) and that staff will reassess enrollment after the first six weeks to determine final revenue projections. The board chair called for the votes and the motions carried on the record.