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HEB ISD projects multi‑million dollar shortfall, board reviews options including local tax pennies
Summary
District leaders told the board they expect a budget gap driven by declining enrollment and rising costs; trustees reviewed current-year finances, the preliminary 2025–26 forecast under HB 2, and local tax options (the so‑called "golden pennies") to close the gap.
Board members heard a budget workshop outlining current finances and possible steps to close a projected shortfall for 2025–26.
At the meeting, budget presenter Mister Jones said the district currently estimates revenue of $221,000,000 and expenditures of $239,000,000 for the fiscal year, leaving an estimated $18,000,000 decrease to fund balance. "Right now, we're looking at estimated revenue of $221,000,000, estimated expenditures of $239,000,000," Jones said. He told trustees the district came in about $7,100,000 better than expected last year and has set aside locally defined capital funds, but that the set‑aside balance is being drawn down.
The presentation placed key context in the state legislative changes known as HB 2. Jones described a district estimate that HB 2 would add roughly…
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