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Castleberry ISD CFO warns current assumptions could produce a year‑end deficit as board readies 2026–27 budget
Summary
Chief Financial Officer William Wooten told the Castleberry ISD board the district is projecting to collect about 99% of its $48.6 million general‑fund budget but, under current assumptions (enrollment, property values, TRS health increases), may land with a budgetary deficit; staff outlined next steps and a timeline for refining assumptions before adoption.
Chief Financial Officer William Wooten told the Castleberry Independent School District Board of Education on Monday that the district is projecting to collect roughly 99% of its $48.6 million general‑fund budget but that, based on current assumptions, the district could still show a year‑end budgetary deficit.
Wooten said the projection is an estimate based on data current as of February and stressed that figures will continue to be refined in the weeks leading up to formal adoption. Key planning assumptions include a working enrollment of 3,658 students, property‑value…
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