Carrollton‑Farmers Branch ISD board adopts July‑to‑June fiscal year

The Carrollton‑Farmers Branch Independent School District board voted 7–0 on April 2 to change the district’s fiscal year from September–August to July–June, a move administration said will align budget timing with the academic year and allow campuses to access funds earlier each summer.

Miss Settle, who led the finance presentation, told trustees that shifting the fiscal year would let campuses “have access to their new budget funds starting July 1, allowing them to order supplies and prepare for the upcoming school year in a timely manner.” She described additional benefits including streamlined reporting, reduced competing year‑end demands on the accounting office, and a one‑time increase in reported fund balance during the transition.

The administration recommended a 10‑month transition year (Sept. 1, 2026–June 30, 2027) followed by a full July 1–June 30 fiscal year beginning July 1, 2027. Settle said staff will submit required notifications to the Texas Education Agency, coordinate with external auditors, and adjust board and public‑notice schedules to comply with state deadlines.

Trustees asked how the change would affect budget work during legislative years; Settle said the district would use estimates when necessary and could adopt amendments after legislative action if needed. Trustee Kim Brady urged that the earlier budget cycle better match board priorities and campus needs.

The board approved a resolution formalizing the change and directed administration to prepare an updated budget calendar and necessary filings with state agencies. The action followed a public presentation and Q&A and does not itself alter any enacted tax rates or immediate spending decisions.