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Brazosport ISD CFO outlines budget shortfall, temporary improvement from one-time revenues; warns of future deficits
Summary
District staff reported an adopted $11.7 million deficit for 2024–25 but projected the current-year shortfall to narrow to about $5.6 million because of higher-than-budgeted Chapter 313 reimbursements and tax-credit reimbursements; long-term deficits remain a risk absent legislative changes or enrollment growth.
Brazosport ISD’s finance staff told trustees the district faces a multi-year budget challenge driven by inflation, static state per-student funding and declining refined average daily attendance (ADA). The board received an update showing an adopted deficit budget of $11.7 million for 2024–25; updated revenues from tax‑credit reimbursements and Chapter 313-type supplemental payments have reduced the projected deficit for the current year to roughly $5.6 million and pushed the projected ending fund balance near the district’s optimum level for 2024–25.
The presentation explained key drivers: a decline in refined ADA (used for state funding calculations) since the pandemic that reduced state revenue; the state basic allotment…
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