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RFISD business office reports $5.8M budget deficit, enrollment shortfalls and potential revenue hits from state homestead exemption changes
Summary
District business office presented an updated budget picture: an adopted $5,755,000 deficit, enrollment below projections, insurance premium savings, and concern that proposed state homestead exemption increases could reduce district revenue by about $1 million.
Rockport‑Fulton ISD’s business office presented updated budget figures and enrollment trends, warning trustees that state policy changes and enrollment volatility could deepen the district’s current budget gap.
Kathy Henderson, presenting the business office report, reminded the board that the adopted 2024‑25 budget included a projected $5,755,000 deficit. Henderson said updated figures using first‑semester average daily attendance (ADA) and new comptroller property values produce an estimated additional state revenue of about $457,562 but also increase recapture by about $1,115,000. She said a…
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