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CROSBY ISD staff outline budget calendar, project enrollment growth and report nearly $30 million unassigned fund balance
Summary
Finance staff told the board the district projects snapshot enrollment of about 7,450 for 2026–27, is using a 93% ADA assumption for budgeting, and reported an unassigned general-fund balance of about $29.96 million with available bond funds of roughly $14.67 million after recent reconciling items.
CROSBY ISD finance staff presented the district's first budget workshop for the 2026–27 fiscal year, laying out a calendar for budget development and updating trustees on enrollment, attendance and fund balances.
Chief financial staff said the district's current-year snapshot enrollment is about 7,206 students and projected snapshot enrollment for 2026–27 is 7,450, with an end-of-year projection around 7,500. Average daily attendance (ADA) is being modeled at roughly 93 percent for planning purposes; staff noted ADA drives state funding and emphasized efforts to improve attendance to support classroom resources.
On reserves, staff reported an unassigned general-fund balance of approximately $29.96 million (as of June 30, 2025) and an assigned fund balance of about $12.85 million, yielding a total fund-balance figure near $42.9 million. The presentation described components of the assigned balance (administration renovation, red-barn renovation, safety/security upgrades) and said the district does not currently plan to spend unassigned funds this year.
Capital-projects (bond) funds were reconciled on the slide deck to an available balance presented at about $14.67 million after accounting for a potential land purchase and projected arbitrage liabilities. Staff said the sixth-grade campus is in the bid process and that final project estimates will affect available bond dollars.
Why it matters: Enrollment and ADA assumptions determine state revenue projections and staffing needs; fund-balance levels affect the district's ability to absorb unexpected costs or to fund capital projects. Trustees asked whether rising enrollment will reduce the number of days covered by reserves and whether any funds are planned for near-term spending.
What's next: Staff will continue the budget-development schedule, with a public hearing and adoption slated for the June board meeting per the presented calendar.
