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District finance preview: ADA 5,294 used in early budget, conservative $1.45M deficit projected
Summary
District finance staff told the board the preliminary 2026–27 budget uses an ADA of 5,294 and conservative revenue assumptions, producing a projected deficit of roughly $1.45 million; staff cited potential offsets from insurance decreases, pending TEA special‑education funding guidance and final property valuations on July 25.
District finance staff presented preliminary 2026–27 budget projections June 15, using April preliminary property values and an assumed average daily attendance (ADA) of 5,294. Under conservative expense assumptions the budget currently shows a projected deficit of about $1.45 million.
The presenter said revenue projections are tentative pending certified property values on July 25 and pending state guidance on newly authorized special‑education funding formula changes. The analysis also reflects realized payroll savings from attrition and lower substitute usage this year but notes new recurring expenses: a reported $46 per‑month ($552 per year) health‑insurance increase for participating employees, affecting roughly 700 employees, and step increases built into compensation schedules.
The presenter outlined additional potential offsets: the payoff of an LED lighting loan and a 2017 maintenance obligation, and an expected decrease in casualty/property‑insurance costs based on market signals; insurers’ proposals could reduce that line by an estimated 7.5 percent in the presenter’s conservative scenario, and the presenter said some districts are seeing larger decreases.
Finance staff emphasized the preliminary nature of the figures and warned that final property valuations, the state’s detailed special‑education funding guidance and legislative developments could change the district’s revenue outlook before the budget is finalized.
