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District finance chief presents November FY‑26 amendment, cites $177.6M budget reduction as state routes charter TISA payments directly
Summary
CFO Chief Langston presented a November FY‑26 amendment that lowers the district’s total budget by $177,615,007, largely because state TISA dollars are being routed directly to charter schools; staff outlined fund adjustments, grant true‑ups and the addition of targeted positions funded by federal and special grants.
Chief Langston presented a November FY‑26 budget amendment that would reduce the district’s overall budget from $2,018,542,823 to $1,840,927,816 — a $177,615,007 decrease. He told the Budget, Finance and Audit Committee the general fund is decreasing by $155,057,936 because the state portion of TISA is now being paid directly to charter schools rather than processed through the district as a pass‑through.
“Now that the state portion of TISA is going directly to charter schools... we’re decreasing the revenues and expenditures for the direct payment that goes to charter schools, not as a pass through anymore,” Chief Langston…
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