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Midyear review: Crowley ISD revenues outpace expenditures; trustees keep pay raises under study
Summary
CFO Dwayne Fisher told the board the district’s revenues are outpacing expenditures, the district holds roughly $35 million in fund balance (about 19% of expenditures), and staff will present pay‑increase scenarios later this spring. Trustees also asked for deeper analysis of potential federal funding impacts.
CFO Dwayne Fisher presented the district’s midyear 2024–25 budget review Wednesday, telling trustees that revenues are outpacing expenditures and that the district’s fund balance improved following the prior year’s adjustments.
Fisher walked the board through the district’s “financial big six” guiding principles — a conservative approach to revenue projections, an aggressive approach to monitoring expense drivers, protection of fund balance, and a focus on investments in classroom instruction. He said the district’s beginning and…
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