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Property value study reimbursement adds $1.75M to Judson ISD revenue

A state reimbursement to Judson ISD has decreased the district’s 2025-26 school year shortfall.

At the Oct. 16 meeting of the JISD board of trustees, Chief Financial Officer Tony Kingman said that an audit of the state’s 2024 property value study added $1.75 million to district revenue.

In total, the JISD shortfall sits at $27.57 million, according to board documents.

How it works: According to the Office of the Texas Comptroller, a school district property value study is conducted once every two years to determine a district’s total taxable value.

This ensures equitable distribution of education funding, according to the comptroller’s office. Districts with less taxable property value per student receives more state dollars for each pupil than districts with more value per student.

 
On The Business Beat
Cibolo businesses receive economic grant funding for projects

A new economic grant in Cibolo now has its first recipients, according to a city news release.

The local impact: On Oct. 24, city staff announced that five local businesses have received improvements via the Economic Development Growth and Expansion, or EDGE, grant.

The grant, launched July 1 by the Cibolo Economic Development Corporation, provides matching funds on eligible projects such as building improvements and equipment purchases, the news release states.

Businesses aided by the grant were:
  • Crust Pizza Co. at 813 Cibolo Valley Drive, Ste. 170
  • Zen Bubble at 2451 FM 1103, Ste. 137
  • Top Tier Hair & Beauty Supply at 2451 FM 1103, Ste. 141
  • Grampie’s Pizzeria at 121 Cibolo Commons, Ste. 101
  • Puppy Kisses Pawlor at 121 Cibolo Commons, Ste. 117

 
Neighboring News
Home improvement business expands into New Braunfels

A local home improvement and woodworking company has expanded into New Braunfels, offering individualized projects to residents.

The details: Royal Custom Finishes launched its services in New Braunfels in late September, Owners Brianna Guerra and John Torres said.

Specializing mainly in woodworking projects, the local contractor has a focus on interior and exterior finishes, painting and staining.

Guerra said the company first started in San Antonio and has made its way up the I-35 corridor.

A closer look: Specific services include the following, according to the company's Facebook page:

  • Interior and exterior painting projects
  • Cabinet finishes
  • Accent walls, including wood paneling

Projects for porches, outdoor spaces and fence remodeling are also available to customers.
  • Serving the New Braunfels area

 

YOUR WEEKEND TO-DO LIST

Check out these weekend events across the metro area.

To submit your own event, click here!

New Braunfels  |  Oct. 30, 5-7 p.m.

Downtown Spooktacular

Learn more.

 

Bulverde  |  Oct. 30-31, times vary

Bulverde Pumpkin Patch

Learn more.

 

San Antonio  |  Oct. 31, 5-11 p.m.

Halloween Spooktacular

Learn more.

 

Selma  |  Nov. 1, 8 a.m.

Dia De Los Muertos Not-So-Fun Run

Learn more.

 

San Antonio  |  Nov. 1-2, times vary

Calaveras de Azucar Festival

Learn more.

 
Key Information
Texas homeowners could see larger tax breaks after Nov. 4 election

Texas homeowners could see larger property tax breaks on this year’s bills if voters approve two state propositions on the Nov. 4 ballot.

The details: Proposition 13 would raise the property tax exemption on a Texas homeowner’s main residence, known as a homestead exemption, from $100,000 to $140,000. Proposition 11 would give homeowners who are over 65 years old or have a disability a $200,000 exemption.

The exemptions would apply only to taxes charged by public schools.

The impact: Sen. Paul Bettencourt, the Houston Republican who authored the legislation, estimated in June that the average Texas homeowner would see about $484 in annual savings if the tax cuts are approved by voters, with roughly $950 in savings for seniors and people with disabilities. These estimates do not account for potential tax rate increases by local governments.

If voters approve the two ballot measures, the cuts will take effect for the current tax year and appear on homeowners’ upcoming tax bills, according to the Texas House Research Organization.

 

Your local team

Amira Van Leeuwen
Editor

Kayla Brooks
General Manager

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