Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Katy ISD trustees hear proposed 2025–26 budget; district projects use of fund balance and expects underspending
Summary
District staff presented a proposed 2025–26 budget that includes a general fund use of fund balance, food service and debt-service projections, and an explanation of revenue increases tied to recent state legislation and bond sales.
KATY, Texas — Katy Independent School District administration presented the proposed 2025–26 budget and the related tax-rate discussion Monday, telling trustees that updated revenue estimates have reduced an earlier projected deficit but that the district still plans to use a portion of fund balance.
Chris Smith, presenting the budget highlights, said the proposed 2025–26 general fund revenues total $1,128,720,787 with expenditures budgeted at $1,150,584,181 and a planned use of fund balance of $24,863,394 in the proposed fiscal 2025–26 budget. He said the district began projections for the current year with an estimated beginning fund balance of about $357,000,000 and that an updated, more-conservative estimate of net change had been applied to the final amended 2024–25 figures.
Smith explained the budget assumes the district will open two new elementary campuses and that certain changes in statewide homestead exemptions and state…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
