Wichita Falls ISD board approves year‑to‑date financial reports and budget amendments
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Summary
The Wichita Falls ISD Board of Trustees approved year‑to‑date financial and investment reports and accepted budget amendments for 2024‑25 that create a reported $3.52 million deficit tied to playgrounds and renovation costs; both votes passed unanimously, 7‑0.
The Wichita Falls Independent School District Board of Trustees unanimously approved the district’s year‑to‑date financial and investment reports and accepted budget amendments to the 2024‑25 budgets during its regular meeting.
Speaker 6 presented the financial snapshot, saying general‑fund revenues were about 43% of budget this year compared with 46% last year while expenditures were about 48% versus 45% last year. The board voted to adopt the financial reports (motion by Speaker 7; second by Speaker 2), with the motion carrying 7‑0.
Speaker 6 later outlined proposed amendments to the 2024‑25 budgets that reflected a $3,518,280 deficit. The presenter attributed roughly $1,000,000 of the change to playground work and about $2.5 million to renovations and architect/engineering fees. Speaker 3 moved to accept the budget amendments and Speaker 8 seconded; the board approved the amendments 7‑0.
Speaker 6 said the administration expects to present a balanced budget in March after processing February budget amendments and updated funding summaries received from the Texas Education Agency.
Funding and expenditure figures reported to the board were presented as district totals; specific project budgets and timelines were not detailed in the meeting record.
What’s next: district staff will finalize February budget amendment entries and return with a March budget showing the updated, balanced position.