Round Rock ISD projects $1.1 million operating shortfall after midyear updates; administrators list cost controls

Jan 16, 2025

Finance staff reported a midyear update showing revenues up slightly but expenses rising more, creating a projected $1.1 million deficit; district officials outlined hiring freezes, expense monitoring and use of planned Cypress property sale to protect fund balance.

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Dennis Covington, chief financial and chief operations officer for Round Rock ISD, presented a second six-week budget update for fiscal 2024–25 to the board, reporting a projected operating deficit of about $1.1 million after midyear adjustments.

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