Georgetown ISD presents balanced 2025–26 proposed budget and flags August compensation plan after state funding changes
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Summary
At a June 9 workshop the district presented a balanced proposed 2025–26 budget of about $170.2 million under prior-law assumptions, outlined how recently signed state legislation will affect local revenue and indicated trustees will see a compensation proposal in August.
At a June 9 Georgetown ISD Board workshop, district finance staff presented a proposed balanced general-fund budget for fiscal year 2025–26 and described how recently enacted state legislation will affect local revenues and compensation possibilities.
District staff said the proposed 2025–26 budget is balanced at roughly $170.2 million in revenues and $170.2 million in expenditures under current (prior-law) modeling. Staff reported projected local property-tax revenue of about $151.1 million, state revenue of about $18.0 million and federal revenue of about $985,000. The district is using a demographer projection of 14,100 students and an average daily attendance (ADA) estimate of 14,141 (about 93%). Payroll is the largest single expenditure (approximately $132.7 million); maintenance and operations and the district’s maintenance function were highlighted as large fixed-cost items.
Board and staff discussed elements of the two recently signed bills affecting school funding. Staff summarized key provisions they are parsing with the Texas Education Agency: a teacher retention allotment ($2,500 for teachers with three to four years’ experience and $5,000 for teachers with five or more years, as described in the bill text); a support-staff retention allotment ($45 per ADA); a $55 increase to the basic allotment; and a reported $106-per-enrollment allotment intended to cover basic cost increases. District staff said TEA is continuing to interpret the law and that final financial effects will be clearer by August.
District staff told trustees they expect to bring a compensation plan and a budget amendment to the board in August once TEA clarifies the details and district staff complete modeling. In the meantime, the current compensation schedule will carry into July 1 operationally; district human-resources staff are informing new hires of that timing. Staff said they are exploring options to provide additional support for hourly and early-career teachers and to use new allotments where allowed.
On debt-service and food-service funds, staff presented balanced projections and noted the district continues routine planning for the 2024 bond tranche and for debt-service timing.
No formal action or vote on the budget occurred at the June 9 workshop; the board is scheduled to consider budget approval at its June 16 meeting and to discuss a compensation/budget amendment at an August workshop and meeting.
