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Canutillo ISD projects modest FY27 surplus amid enrollment decline and one-time land sale
Summary
Canutillo ISD budget presenters told the board the district faces declining enrollment (about 87 students projected) that reduces state funding but expects roughly $2 million in additional revenue this year from state 'hold harmless' adjustments and a one-time land sale; FY27 currently forecasts a modest $250,000 surplus under conservative assumptions.
Canutillo ISD trustees heard a budget workshop Feb. 16 in which district finance staff presented updated revenue forecasts, enrollment projections and assumptions that underpin the FY2026–27 budget planning.
Presenter Cristy Pulley told trustees the district’s two principal revenue sources are state funding (driven by student enrollment) and local property taxes. The district’s enrollment-projection method rolls current students up a grade, and staff estimate a net loss of about 87 students next year; Pulley said the decline has contributed to an estimated $3.3 million reduction in basic-allotment funding over recent years.
At the same time, Pulley said local property values have risen—she cited a projected 12–13% increase in assessed values for planning purposes—which…
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