The El Paso Independent School District on Tuesday night adopted a $497.7 million operating budget for the upcoming 2016-17 academic year that includes a 1.5 percent salary increase from the midpoint for teachers and other employees.
Starting pay for EPISD teachers, librarians and student activity managers with a bachelor’s degree will be $45,224. Employees on this salary schedule with a master’s degree receive a $1,000 stipend. Those with a doctorate degree receive the $1,000 master’s stipend and an additional $1,000.
The Board on Tuesday also voted to increase the minimum hourly pay rate to $10.10 an hour. The current minimum wage in EPISD is $7.75. About 218 employees in the District were earning under $10.10 an hour.
“The Board of Trustees appreciates the hard work and dedication that all of its employees exhibit in our efforts to give our students a quality education,” Board President Dori Fenenbock said. “We understand that we are still not where we need to be when it comes to salaries. We are trying our best to get where we want to be in regards to compensation while at the same time maintaining our fiscal responsibility.”
EPISD’s compensation package for next school year will cost $5.5 million.
The budget this year reflects a loss in state revenue due to the projected loss of about 1,385 students. The budget also was impacted by local revenue loss due to a ruling that increased homestead exemptions for homeowners from $10,000 to $25,000.
The District, however, did see some increases in revenues in federal and state funds associated with school health and related services, as well as increases in average daily attendance rates.