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Taylor ISD projects enrollment shortfall, tentatively larger deficit without Samsung and disaster pennies
Summary
Finance staff told trustees current enrollment (2,919) and ADA (2,722) are below budget assumptions, reducing state revenue and creating a larger projected deficit unless staffing savings, CCMR bonuses or Samsung/disaster funds offset it.
Taylor ISD finance staff reported the district’s current enrollment and average daily attendance are below the numbers used to build the 2024–25 budget, a shortfall that reduces projected state revenue and increases the district’s projected deficit if outside funds are excluded.
“On 09/06, our enrollment was 2,919. That day, our ADA was 2,722,” the budget presenter said when explaining the district’s budget‑versus‑current‑projections sheet. The presenter said the drop in ADA lowered state revenue by about $525,000 but that the district received a larger‑than‑expected CCMR bonus, roughly $100,000, which partially offset the reduction.
Finance staff said attrition and vacancy savings are expected to lower payroll costs by around $400,000 and that recapture obligations will reduce because of lower state revenue. With those adjustments, the presenter said the district’s projected position is a roughly $1.8 million deficit under the scenario that includes disaster pennies and Samsung funding. If the district excludes Samsung and the temporary disaster pennies from the calculation, staff said the projected deficit would be about $3.0 million.
The presenter told trustees the second column in the board packet shows current projections as of Sept. 6 and that the district is “proactively looking at all options as far as staffing” to manage expenditures while continuing to fill essential positions.
Trustees asked questions about the sheet and the assumptions behind recapture and staffing savings. Staff said official recapture and final RPP numbers depend on future appraisal activity and the district’s tax rate for 2026, and that Samsung funding and disaster pennies remain material to projections until those items are finalized.
No action was required or taken; trustees received the budget update and staff said they will continue to refine projections as enrollment, state allocations, and one‑time funds are clarified.
