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Royse City ISD finance team outlines enrollment, revenue and projected fund-balance shortfall
Summary
Dr. Faith Ann Cheek told the board the district's adopted 2025–26 revenue was $128,000,000 based on 10,400 budgeted students, while current enrollment is 10,296 and administrators now project a $1.7 million larger-than-adopted deficit absent adjustments.
Dr. Faith Ann Cheek presented the district's current fiscal picture, telling the board that the revised adopted budget for 2025–26 had revenue of "$128,000,000" and that the October snapshot used in legislative planning assumed 10,400 students while actual payments were based on 10,130 students; current enrollment reported was 10,296.
"When the budget was adopted, it adopted a budget deficit, of approximately, you know, dollars 1,000,000," Dr. Cheek said and then described updated projections that increase that deficit to about $1,700,000 because of enrollment trends and lower-than-budgeted collections for SHARS special revenue. She also noted the district's fund-balance policy (Policy CE Local) requires maintaining roughly 25% of general operating expenditures, which she estimated at about $31,500,000.
Administration emphasized those are preliminary, ballpark estimates and said the district will continue monthly monitoring and refine projections after the end-of-April snapshot from the three county appraisal districts. The board scheduled a follow-up workshop to receive preliminary property values and further narrow revenue and fund-balance forecasts.
