Leander ISD to Consider FY25 Budget Amendment No. 9

The Leander Independent School District Board of Trustees is scheduled to consider approval of FY25 Budget Amendment No. 9 at its March 27 meeting, a package that would realign spending across function levels in the General Operating Fund. The amendment packet shows total General Fund revenues of $447,260,634 and total expenditures of $475,488,890, producing a projected net operating deficit of $29,458,256 and a projected ending fund balance of $155,432,179 (audited beginning fund balance: $184,890,435).

Administration identifies the changes as transfers among function-level budgets with no change to the total operating surplus/deficit beyond the revisions shown. The packet lists specific function-level adjustments including reductions in Instruction (Function 11) of $135,562 and increases in areas such as Staff Development (Function 13) of $142,389 and Security (Function 52) of $2,726. The agenda notes there are no proposed amendments to the Child Nutrition or Debt Service funds.

The agenda includes an administrative recommendation that the Board approve the amendment; the sample motion in the packet reads: "I move that the Board of Trustees approve FY25 Budget Amendment - #9 as presented." The packet identifies Pete Pape, Ed.D., CPA, Chief Financial Officer, as the administrator responsible for the item. The agenda does not record a vote, mover, or second; the outcome is not specified in the document.