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AISD CFO outlines multiyear plan, warns of declining revenue and enrollment uncertainty
Summary
CFO Katrina Montgomery told the board the district has paid about $8 billion in recapture since 2001, described efforts to restore fund balance through hiring freezes, property monetization and contract changes, and said FY27 budgeting will use conservative enrollment estimates to protect reserves.
Austin ISDs Chief Financial Officer, Katrina Montgomery, told trustees Feb. 12 that the district must pursue multiyear fiscal discipline as it plans for FY2026-27, citing declining targeted revenues and long-term recapture payments to the state.
Montgomery said recapture payments since 2001 total about $8 billion and noted federal and state funding streams such as SHARS (school health and related services) have dropped from previous…
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