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Edinburg CISD budget update shows $6.8 million shortfall after compensation changes
Summary
Finance staff told the board that changes to the district compensation plan tied to the adopted August budget are projected to produce an approximate $6.8 million negative fund-balance effect; staff said the figure is provisional as fiscal year 2025 books are still being closed.
Edinburg Consolidated Independent School District finance staff told trustees on Oct. 10 that changes made in the district’s compensation plan tied to the adopted Aug. 26 budget will reduce the district’s fund balance by roughly $6.8 million compared with the adopted plan.
Adele Felix presented the budget update, noting the packet summarized the effect of compensation changes and showed a $5.5 million impact on a single account in addition to the consolidated $6.8 million figure. Felix said projections assume average daily attendance of 29,600 and that final numbers could change as administrators close fiscal year 2025 books and post any required accruals.
Felix also cited several cost pressures the district will monitor: potential overages on federal-grant compensation components that may need to be carried into the general fund, half-year effects from health-insurance changes that take effect in January, and rising electricity costs. She told the board the packet included detailed fund-by-fund schedules and that the district’s amended budget position as of Oct. 8 showed a negative $7.3 million adjusted figure pending closeout of FY25.
Board members asked clarifying questions but did not move additional budget actions at the meeting. Felix and other staff emphasized the figures are estimates until the district completes year-end accounting.
