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Wichita Falls ISD board approves financial reports and adopts budget amendments showing temporary deficits
Summary
The Wichita Falls Independent School District Board of Trustees approved year‑to‑date financial and investment reports and unanimously adopted budget amendments that project temporary deficits tied to recent renovations and program additions; staff said they expect to close the year without a deficit using savings if necessary.
The Wichita Falls Independent School District Board of Trustees on Monday approved the district's year‑to‑date financial and investment reports and adopted budget amendments that show short‑term deficits tied to capital work and program additions.
District staff reported general‑fund revenues through Nov. 30 were roughly 37.98% of budget this year versus 37.86% last year, while general‑fund expenditures rose to about 42.09% from 41.13% the prior year. Staff presented proposed amendments that reflected a projected general‑fund deficit…
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