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Prosper ISD financial report: bond sale pending, preliminary 2025–26 budget shows $39M gap
Summary
Administrators presented April 2025 quarterly financials, updates on bond projects and a first look at the preliminary 2025–26 budget that currently projects about a $39 million deficit; board directed administration to return with amendments.
The Prosper ISD administration presented quarterly financial statements through April 2025 and a preliminary look at the 2025–26 budget at the June 13 board meeting, reporting bond activity, enrollment tracking and a preliminary fiscal gap for next year.
Administration said the district completed a bond sale; the cash from that sale will appear on the next financial reports when the funds are received, likely in early July. Trustees were shown project‑level spending for the 2019 bond as those projects near completion and for the 2023 bond (referred to in the meeting as Prop A) where several campuses are still under construction.
Why it matters: The district is growing and opening multiple campuses; administrators said four campuses will open…
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