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Prosper ISD finance chief gives 'first look' at 2026–27 budget showing working $14.5M deficit and annexation risk
Summary
In a budget 'first look' to trustees, Miss Croix reported a preliminary 2026–27 working budget projecting $419M in revenue against $433M in expenses—a $14.5M working deficit—flagging that a pending annexation could add as much as ~$30M in debt and that numbers will be refined before adoption.
Prosper ISD’s finance lead presented a preliminary budget “first look” Monday, telling trustees the district currently projects a working deficit for 2026–27 while flagging an annexation that could materially increase debt obligations.
Miss Croix told the board the district’s investment portfolio balance through February was $778,500,000 and that the general fund had collected $273,000,000 of an expected $397,800,000 in revenue (about 68.69%). Through the same period the district had spent $227,300,000 of a $427,000,000 general fund budget (53%).
For the preliminary 2026–27 working budget, Miss…
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