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Krum Independent School District

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Finance Fast Facts


2021-2022 Reported Enrollment  2,129
Estimated 2022-2023 Enrollment  2,402

Tax Rate

Maintenance and Operations (M&O) Tax Rate


Debt Service (I&S) Tax Rate  $0.4746
Total Tax Rate  $1.4175


Budget and Debt Overview

General Operating Budget  $29.0 million
General Operating Per Student Budget  $7,573
Total Outstanding Principal Debt  $31 million

Property Values

Total Square Miles Within District Boundary  73.12
Total Taxable Property Value  $1.04 billion
Market Value of Commercial Property  $34.9 million
Average Home Market Value  $243,285


Total Number of Full-Time Employees  329
Total Number of Teachers  168
Beginning Teacher Pay  $44,750
Average Teacher Pay  $52,514
Substitute Pay  $80-145/day

Numbers reported are as of September 1, 2022