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SHARYLAND ISD adopts $128.6 million 2026–27 budget after public hearing
Summary
After a public hearing and questions about declining enrollment and a $2 million insurance-related shortfall, the SHARYLAND ISD board unanimously approved a balanced $128,594,001.78 budget for 2026–27 and a tax-rate structure composed of M&O 0.7552 and I&S 0.2020 (total 0.9572).
The SHARYLAND ISD Board of Trustees adopted a $128,594,001.78 budget for fiscal 2026–27 following a public hearing on June 22, 2026, and a presentation of the assumptions behind the plan.
Finance staff told the board the draft budget is based on an average daily attendance (ADA) assumption of 8,800 and a preliminary taxable property value of $4,573,149,159. The district used a proposed tax-rate framework composed of a maintenance and operations (M&O) component of 0.7552 and an interest and sinking (I&S) component of 0.2020, for a total tax rate of 0.9572.
“'The 1st critical budget assumption is the average daily attendance… we're using 8,800,'” a district finance presenter said during the hearing, explaining how ADA drives state foundation funding. The presenter also described the district’s three official funds: a general fund of $111,641,002.46, a child-nutrition fund near $6.89 million, and debt service at about $10.05 million.
Trustees pressed staff on enrollment trends and near-term revenue risks. The presenter said preliminary enrollment figures showed an ADA of 8,868 and warned that graduating larger classes while smaller cohorts enter contributed to a declining-enrollment trend. Board members also discussed a current-year increase in insurance claims that required a proposed $2 million transfer from the general fund to cover overspending this year.
The board approved the proposed budget and related motions unanimously. Trustees and staff emphasized that final tax-rate calculations depend on the certified property values to be delivered by the appraisal district and on TEA procedures; any material changes will be brought back to the board as amendments.
The board adopted the budget during its regular meeting and voted 6–0 to approve the resolution presented by administration.
