Wichita Falls ISD board adopts 2025-26 general, food service and debt service budgets after approving amendments
Loading...
Summary
The Wichita Falls Independent School District Board of Trustees approved budget amendments and adopted the district's 2025-26 general fund, food service and debt service budgets in 5-0 votes after a public hearing and staff presentation.
The Wichita Falls Independent School District Board of Trustees approved budget amendments to the 2024-25 budgets and then adopted the 2025-26 general fund, food service and debt service budgets by recorded votes of 5-0.
During the meeting Finance staff (Miss Horton) presented administrative recommendations to amend the 2024-25 budgets, explaining that certain transfers and expenditures required formal board approval. Miss Horton said the amendments included use of fund balance for the playground project and McNeil renovation architect and engineering fees. She told the board the amendments resulted in a deficit budget figure presented to trustees: "a deficit budget of $1,102,790." The board moved to approve the budget amendments; the motion passed 5-0.
After a public hearing on the proposed 2025-26 budgets, district staff recommended adoption of the general fund, food service fund and debt service fund budgets. Miss Horton said the general fund was presented as balanced, the food service fund showed a deficit figure as presented to the board, and the debt service fund showed a surplus in the materials presented. A trustee moved to adopt the budgets and the motion passed 5-0.
Why it matters: Adoption of the district's budgets authorizes the finance officers to carry forward expenditures and establishes the district's revenue and spending plan for the 2025-26 school year. Staff said the board will receive final compressed tax rates in August and that certain figures remain subject to adjustments.
Details and figures presented to the board: During the budget-amendment presentation staff identified a set of transfers and listed specific uses of fund balance, including the playground space and McNeil renovations (architect and engineering fees). The budget amendment presentation stated a deficit number of $1,102,790 related to current-year adjustments. For the 2025-26 budget adoption, staff reported the general fund as balanced and presented final figures for food service and debt service funds in the attached budget report; board members voted to adopt as presented.
Next steps: Staff said final compressed tax rates and any remaining technical adjustments will be brought to the board in August. The board did not change tax rates at this meeting; staff noted the estimated tax rate would be provided in August for final adoption.
