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Mercedes ISD presents budget workshop showing staffing cuts, $2M health‑insurance risk and $891K projected deficit
Summary
CFO Sylvia Garza presented Mercedes ISD’s second budget workshop: staffing reductions and enrollment declines are lowering payroll costs, property values rose in Hidalgo County, and the district projects a roughly $891,004 budget deficiency while estimating a potential $2 million health‑insurance shortfall to be covered from the general fund.
Mercedes ISD Chief Financial Officer Sylvia Garza presented the district’s second budget workshop, telling the Board of Trustees that preliminary Hidalgo County appraisal values increased 10.55% while net taxable value rose about 4.6%, and that the district is planning a proposed 3¢ disaster-penny tax authorization for 25–26 with an estimated collectible levy of $9,051,682 at a 95% collection rate.
Garza told the board the district’s projected enrollment for 25–26 is 4,001 students and an average daily attendance (ADA) estimate of 3,641. Using preliminary property values and a tax rate of 1.1269, she said that estimate would generate roughly $41,859,629 in Foundation School Program (FSP) funding and that the projections include a $220 per-ADA increase that the Texas Education Agency (TEA) published about two months earlier.
"This is the right size to deal with the enrollment decrease that…
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