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Sheldon ISD projects multi‑million dollar shortfall without new state funding; administration outlines potential personnel cuts and one-time retention options
Summary
District finance staff presented a budget update showing a projected decline in fund balance absent legislative relief. Administration outlined scenarios including targeted cuts, a districtwide 1% raise, and one-time retention stipends; staff recommended maintaining a fund-balance floor near pre-ESSER levels while seeking legislative action.
Sheldon ISD finance staff warned trustees that the district faces a multi-million-dollar fiscal gap for the 2025–26 budget unless the Texas Legislature approves significant new school funding this session. Administrators presented revenue and expenditure projections, scenarios for raises or retention stipends, and potential cuts including personnel reductions.
Recent fund-balance context: Finance staff reviewed audited fund-balance history back to 2019. The district reported a pre-pandemic fund balance near $26.9 million. ESSER and one-time pandemic-related funding increased the fund balance in subsequent years; administrations added roughly $18.6 million from one-time federal sources, of which staff said about $13.8 million has since been spent on recovery and infrastructure. The district ended fiscal 2024 with a lower fund balance after enrollment declines and reduced one-time funding.
Projection and gap: Absent new legislative increases, the administration…
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