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Harlandale ISD reports $11.26 million year-to-date general fund shortfall; bond and debt service funds show increases
Summary
At a May 13 work session Harlandale ISD administrators presented quarterly investment and budget reports showing a $11,261,695 general fund deficit through March 31, 2026, and several fund movements including Bond 2022 receipts and debt service increases; staff said they are monitoring expenses and submitted a budget amendment in April.
Mister Flores, the district’s assistant superintendent for business and operations, presented the investment and budget reports for the quarter ending March 31, 2026.
On investments, Flores reported varied fund activity: “The general fund realized a decrease of $175,698,” he said, and the Bond 2022 fund increased by $1,708,339 related to new bond proceeds and pay applications. He also reported the health insurance fund decreased about $134,000, the settlement fund increased $30,432, the stadium fund balance was $21,756 (interest only), the facility assessment fund decreased $375,000, and the debt service fund increased $380,149.
On the budget report, Flores said the general fund showed budget revenues of $132,000,000 and expenses of $143,000,000 through March 31, 2026, “resulting in a budget deficit of $11,261,695.” He told trustees the district had used about 67% of its available budget and that administration had brought forward a budget amendment in April to align with updated ADA and federal revenues.
Flores also reported child nutrition revenues of $8,903,715 and debt-service collections of $18,515,070 with expenses of $17,008,793. Trustees asked several clarifying questions about which bond interest or bond line items would fund upcoming purchases discussed later in the agenda; staff said some items would use interest generated by bond funds and highlighted ongoing monitoring of revenues and expenditures.
