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AISD presents budget update showing recapture history, tighter FY27 assumptions and strategies to close a multi‑million dollar gap
Summary
CFO Katrina Montgomery told trustees that Austin ISD is pursuing multi‑year budget stabilization after years of recapture payments to the state, reporting $8 billion in cumulative recapture (2001–2025) and outlining strategies (hiring freeze, property monetization, stipends, transportation efficiencies) to close remaining FY26/FY27 gaps.
Katrina Montgomery, Austin ISD’s chief financial officer, gave a detailed budget update at the Feb. 12 information session that walked trustees through historical spending, revenue pressures and preliminary assumptions for FY 2026–27.
Montgomery said the district has consistently managed budget swings but noted that recapture payments to the state have taken a large toll. "The first year that we paid recapture was in 2001, and from 2001 through 2025, we've paid the state $8,000,000,000," she said, using that figure to…
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