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Duncanville ISD finance update: district projects a fiscal shortfall but retains multi‑month fund balance
Summary
Duncanville ISD finance staff told trustees the district faces a projected general‑fund shortfall of roughly $18.9 million for 2024–25 but entered the year with about $71.8 million in fund balance (roughly six months of expenses), giving officials time to plan measured cost containment.
Duncanville ISD finance staff told trustees the district faces a projected general‑fund shortfall for the 2024–25 fiscal year but retains a multi‑month fund balance that gives the administration time to pursue targeted cost containment.
Ms. Brandy Mayo, the district finance presenter, said audited 2023–24 year‑end results left the district with $71.8 million in ending fund balance. Mayo said that amount equates to roughly six months of operating expenses and is well above standard thresholds credit agencies use (about three months). The district’s preliminary forecast for 2024–25 shows a general‑fund gap of about $18.9 million, Mayo said, but also noted several partial offsets: estimated payroll vacancy savings…
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