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Austin ISD projects $181 million shortfall for 2026–27; district weighing staffing and program cuts after $49 million current‑year deficit
Summary
Superintendent Matias Segura and CFO Katrina Montgomery told the district community that lower property values, a drop of more than 3,000 students and delayed real‑estate revenue leave Austin ISD projecting a $49,000,000 current‑year deficit and a $181,000,000 gap for 2026–27. Leaders said the district may cut staffing, stipends and non‑staff budgets and pursue new revenue while soliciting community feedback before a June 2026 final budget.
Matias Segura, superintendent of Austin ISD, said the district now projects a $49,000,000 deficit for the current school year — $30,000,000 more than the approved budget — and is facing a projected $181,000,000 shortfall for 2026–27.
"Because of that, Austin ISD is now projected to end the current school year with a $49,000,000 deficit, up $30,000,000 from our approved budget," Segura said, adding that enrollment has dropped by more than 3,000 students and property values fell further than anticipated.
The district’s chief financial officer, Katrina Montgomery, said the gap grew because the assumptions used when the board adopted the 2025–26 budget no longer match today’s realities. "When the 2025–26 budget…
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