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LEWISVILLE ISD projects near‑balanced 2025 budget, board weighs 3% midpoint raise as legislature funds teacher retention allotment
Summary
District finance staff reported a fiscal‑year‑2025 projection close to break‑even after one‑time land sale proceeds and spending controls; trustees discussed approving a 3% midpoint raise for non‑teacher staff while the legislature’s House Bill 2 would fund targeted teacher retention allotments.
Finance staff told the Board that the district’s fiscal‑year 2025 outlook has stabilized after multi‑year efforts to reduce recurring spending and that Moody’s/S&P changes improved borrowing conditions ahead of a recent bond sale.
Assistant Superintendent and Chief Financial Officer presented revenue and expenditure projections based on actuals through April; staff updated estimated ADA at 44,545 and said total projected revenue is about 97.4% of the adopted budget. The district reported projected non‑payroll savings and an improved fund balance. “We were able to successfully…get our budget turned back in a…
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