Midway ISD staff warn of multimillion‑dollar deficits under current Texas school finance proposals

Midway ISD finance staff told the board on May meeting night that the district now projects a multimillion‑dollar general‑fund shortfall for fiscal 2026 under current state proposals, and recommended adopting a budget in June with options to amend later if the Legislature changes school funding.

District finance officer Wesley (staff member) told trustees the district’s first scenario — based on a Senate committee substitute for the current school finance bill — yields a roughly $5.2 million general‑fund deficit, while a no‑new‑state‑revenue scenario would show about a $5.7 million deficit. "This first scenario ... is a $5,200,000 deficit," Wesley said, adding that changes in salary allotments for teachers and related increases in employer contributions to TRS are the main drivers of the gap.

The budget outlook matters because the board must adopt a budget before the fiscal year begins July 1. Wesley…