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Midway ISD board approves 2026–27 compensation plan amid $2.5M General Fund shortfall
Summary
Midway ISD approved a 2026–27 compensation plan that allocates up to $2 million for staff pay increases, including a recommended 2% General Pay Increase, while the district projects a $2.5 million General Fund deficit. Board members said formal budget adoption will occur at the June meeting.
The Midway ISD Board of Trustees on May 19 approved the district’s 2026–27 compensation plan, authorizing administration to allocate no more than $2 million for the coming year.
Board discussion accompanying the action included a finance update from Wesley Brooks showing the district’s General Fund is projected to have a $2.5 million deficit; the projection incorporates a recommended 2% General Pay Increase for staff. The Child Nutrition Fund is projected to have a $36,000 surplus, and the district plans to maintain its Interest & Sinking tax rate at $0.24. The motion to approve the compensation plan was made by Pam Watts and seconded by Brad Alford and passed unanimously.
The administration and finance team said formal adoption of the overall 2026–27 budgets will occur at the June Board meeting. Trustees did not change the recommended 2% pay increase at the May 19 action; the board authorized the allocation amount rather than final line-item adoption. The finance report and the vote were presented as part of the regular monthly finance update shown in the board packet.
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