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Prosper ISD gets an early look at 2026–27 budget; district projects $10.3 million shortfall and weighs 2%–3% raises
Summary
At a special Prosper ISD Board of Trustees meeting, district budget presenter Miss Croix gave a preliminary 'soft launch' of the 2026–27 budget, saying House Bill 2 provided about $17.2 million to the district but rising costs leave a projected $10.3 million deficit; trustees were shown 2% and 3% compensation options.
Prosper ISD trustees on Monday received a preliminary preview of the district’s 2026–27 budget and two staff pay options, with the district projecting a roughly $10.3 million deficit if no raises or retention stipends are approved.
“This is going to be our first look at our budget for next year and some compensation options,” presenter Miss Croix told trustees, calling the presentation a “soft launch” and warning that the figures will change as tax values and enrollment projections are refined.
Miss Croix said House Bill 2 produced about $17.2 million for Prosper ISD, including new teacher retention allotments and increases to basic and ABC allotments. “They gave us some, but it’s still not enough,” she said, adding that rising local and operating costs have largely absorbed the state funding gains.
The presenter…
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