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Board reviews first reading of 2026–27 WISD/ISD budget; trustees raise concern over fund balance drawdown
Summary
Superintendent McMahon presented a first reading of the WISD/ISD budget; trustees noted an anticipated ISD deficit of $183,185 and a projected drawdown of fund balance from about $17 million (July 1) to $5 million by fiscal year-end 2026–27. The item was a first reading; no vote was taken.
Superintendent McMahon presented a first reading of the 2026–27 WISD/ISD budget materials (Attachments C1–C5), telling trustees that C1 and C5 are resolutions to be considered at the next meeting and that C2 and C3 are line-item summaries, while Attachment C4 contains the ISD's overview presentation.
Board members raised questions and concerns after reviewing the materials. A trustee observed the state-revenue projection decreased substantially in the proposed budget (from roughly $39 million in the amended 2025–26 to about $25 million projected in 2026–27 for function code 300). McMahon and others noted a projected ISD deficit of $183,185 and that the ISD appears to be planning an extraordinary drawdown of fund balance — from an anticipated $17 million on July 1 to about $5 million at fiscal year-end 2026–27.
Trustees requested follow-up to understand whether the planned spend-down relates to state or federal funds and asked for anticipated revenue from the CTE millage. McMahon encouraged trustees to submit questions before the next meeting; the board will consider the ISD budget resolutions at the next meeting (no vote tonight).
