Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
LISD projects FY25 shortfall under one scenario; FY26 outlook depends heavily on Legislature and certified values
Summary
District staff updated trustees on fiscal year 2025 projections and initial fiscal year 2026 forecasts, showing a range from a modest surplus to a multi-million-dollar deficit depending on corrected T2 values and possible legislative funding changes.
Scott Rarer, chief financial officer, updated trustees on the district’s fiscal-year 2025 projection and early modeling for fiscal year 2026.
Rarer said April enrollment was about 47,024 and the district’s snapshot budget assumed 48,100. Through March staff projected fiscal 2025 revenue at about $542 million — roughly 2.5% below adopted budget — primarily driven by enrollment declines and preliminary property-value shifts. Expenditure savings (notably…
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
