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Krum ISD CFO previews conservative 2025–26 budget after February financials

Board of Trustees Krum ISD · March 19, 2025
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Summary

CFO Misty Ward presented February financial reports and told trustees the 2025–26 budget process will produce a conservative budget similar to the current year.

Misty Ward, Krum ISD chief financial officer, presented the district's February financial reports and told trustees that the district will build a "conservative budget similar to this year's budget" as it prepares for 2025–26.

Ward said the budget process is underway and gave the board an overview of key factors likely to affect planning. Superintendent Dr. Cochran also outlined the district's tax-rate and bond-issuing capacity over the next 10 years and flagged several state legislative items—school vouchers, public school funding and the Teacher Incentive Allotment—that could influence district finances.

No formal budget adoption occurred at the March 19 meeting; trustees received the financial report as part of the regular reporting cycle.