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Farmersville Unified board approves positive financial certification despite projected multi-year deficit
Summary
The Farmersville Unified School District board voted 5-0 to approve the district's second interim report and a positive certification of financial status on March 10, 2026. District staff said current reserves and cash flow meet certification criteria but projected multi-year deficits will reduce fund balance over time.
The Farmersville Unified School District Board of Trustees voted unanimously Wednesday to approve the district's second interim report and issue a positive certification of its financial status.
The district's business-services presenter told trustees the general fund's projected revenue for the year is approximately $51.9 million, with enrollment and attendance providing about $37 million (roughly 71 percent). Projected expenditures were listed at about $59 million, with certificated salaries accounting for about one-third of…
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