Budget Planning and News
News & Updates
Trustees Approve Budget Based on Reduced Tax Rate – Community Budget Steering Committee Forming
RISD’s approved budget is based on an anticipated state-set operating tax rate that is at the lowest level since 1993.
RISD To Form Community Budget Steering Committee
RISD will be forming a Community Budget Steering Committee to help prioritize how limited resources are used, consider reductions and options to increase revenue.
Trustees Approve 2023-24 Staff Raises, Compensation Package
RISD Trustees approved an aggressive compensation package for teachers and staff for 2023-24.
Budget Planning: District Recommends Teacher/Staff Compensation Plan to Trustees
RISD believes it is critically important to prioritize attracting and retaining effective teachers and employees, while rewarding those who choose to remain.
Trustees Hear Results of Employee Benefits Survey
At the April regular meeting, RISD trustees continued 2023-24 budget planning discussions.
Trustees Discuss Possibility of Open Enrollment
Trustees continue to evaluate options to generate additional revenue to help balance the operating budget.
Trustees See Initial Budget Reductions; Hear Options for Increasing Revenue
No decisions have been made regarding further reductions.
Demographer Projects Potential Enrollment Decline
Trustees received the annual update of demographic projections and data on school capacities, excess seats and operating efficiencies.
RISD Begins Budget Planning Process
The district’s maintenance and operations tax rate is the lowest it’s been in 30 years.