Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
WESLACO ISD finance staff outline projections and say $13M net adjustment may be needed
Summary
District finance staff presented conservative revenue and expense projections, said an April budget amendment will adjust system numbers, and indicated a net adjustment of about $13 million may be required to balance projections; trustees asked for updated figures at a May workshop.
District finance staff presented preliminary projections for fiscal 2025–26 and the preliminary 2026–27 template, emphasizing conservative revenue assumptions and expense-reduction steps.
The presenter said the district ended fiscal 2025 at about $182 million in revenues and is projecting a conservative $180 million for the current year. Staff noted $2.4 million in one-time audit receipts in 2025 that had boosted that year’s totals. On expenses, the presenter projected end-of-year spending and said work to reduce nonessential expenditures had already begun. Staff said an April budget amendment will realign system figures and that a net adjustment of about $13 million would be needed under a conservative scenario to balance revenues and expenses; trustees asked for an updated 25–26 status to be available at the May 11 workshop.
Trustees asked detailed questions about average daily attendance (ADA) assumptions, preregistration numbers, staff attrition and how salary and benefits assumptions were incorporated in the projections. Staff said they would provide a more detailed salary analysis and updated fiscal-year status in the next workshop.
