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Henderson ISD board hears mid‑year finance update; projects lower expenditures, fewer positions
Summary
Finance staff reported mid‑year projections showing expenditures below budget for FY2025–26 and an estimated reduction of roughly 31.65 full‑time equivalents; the board discussed tax‑rate compression risks and next steps for summer staffing and budget calculations.
Nikki Warner presented a mid‑year financial update for Henderson ISD during the May 12 board meeting, saying district projections show expenditures will be below what was budgeted for fiscal year 2025–26 and that the district had reduced “approximately 31.65 FTEs” from the prior year.
Warner told trustees the projections used fifth six‑week attendance data and that accrual adjustments for audit preparation had not yet been finalized. She reviewed enrollment, ADA and FTE trends from the TEA October snapshot and explained that state funding formulas and tax‑rate compression could reduce district revenue if property values rise by more than 2.5 percent.
Board members and administration discussed next steps in the budget process including staffing reviews, tax‑rate calculations, monitoring state funding estimates and evaluating enrollment trends ahead of summer hiring and the formal budget adoption process. The update did not include final audit accruals or a final tax‑rate calculation; Warner said those items remained to be resolved.
