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The Socorro Independent School District said they need a $25.1 million loan in order to pay their employees for the next two months. Michael Hinojosa, one of two conservators with the Texas Education Agency who overlooks SISD's budget and board decisions, explained that the loan is due to the district choosing to pay their employees on a bi-weekly basis rather than a monthly check. view article
Lubbock ISD removes four schools from list of those considered for consolidation or closure
In response to concerns from parents and educators, Lubbock ISD has now named four schools that will not be considered for consolidation or closure. As we reported earlier this month, Lubbock ISD is considering its future, while juggling declining enrollment, aging facilities and a limited budget. view article
Amber Long has children within Judson ISD. She says hearing about the district's financial uncertainty leaves her feeling concerned. “I feel like this district does need help but twenty-odd million is quite a bit,” said Long. view article
UT, A&M Investment Management Company Changes Course After Report on ‘Woke’ Proxy Votes
After a report was released showing asset managers for the University of Texas and Texas A&M University’s investment management company were voting in favor of resolutions to advance leftist policy, the entity’s leadership now says it is putting guidelines in place to stop political proxy votes. view article
The Leander Independent School District’s Board of Trustees will meet Thursday night to consider giving its staff a one-time, $1,000 bonus, according to the board’s meeting agenda.The recommendation comes from Leander ISD superintendent Dr. Bruce Gearing, and is backed by the ISD’s chief financial officer and its interim chief human resources officer. view article
Budget cuts are forcing another North Texas school district to consider closing campuses. Lewisville ISD will hold "listening sessions" to get feedback from parents before making a decision. The district projects a $4.5 million deficit and nearly 10,000 fewer students in the next decade. view article
Austin Independent School District Superintendent Matias Segura on Tuesday responded to criticism of the district’s proposed tax increase, which would inject millions into the district for pay raises and savings. The district, facing a $119 million deficit, is asking voters starting this week to approve Prop A, a tax rate increase the district says will increase property taxes by more than $400 for the average homeowner. view article
Lubbock ISD Future Focus Committee discusses consolidating campuses, district asks for feedback
On Tuesday, Oct. 15, the Lubbock ISD Future Focus Committee met for the first time to discuss the district’s future amid a 14.8-million-dollar budget deficit, no new state funding and declining enrollment rates. The committee, which is composed of 100 community members, educators and students, discussed the idea of combining school campuses to help the district better serve their students in the coming years. While it was only a conversation, it shocked a few parents at first. view article
One in every five El Paso Independent School District elementary schools would close if the school board approves a plan unveiled by administrators Thursday night. The plan outlined by Superintendent Diana Sayavedra during a special Board of Trustees meeting would close 10 elementary campuses while adding resources to remaining schools. view article
Leander ISD has decided to close eight of its campuses due to ongoing repair work on a gas line along FM 620. view article
Texas lawmakers will have about $20 billion in unspent money going into the 89th legislative session, state Comptroller Glenn Hegar told members of the Austin Chamber on Dec. 12. view article
Round Rock ISD adopts FY 2021-22 budget with $17.2M deficit, says gap will be covered by staff turnover
Round Rock ISD board members on June 17 adopted a $467.42 million general operating budget for fiscal year 2021-22. The general operating fund budget includes $444.53 million in revenues and $467.42 million in expenses, creating a deficit in this fund of $17.2 million, RRISD Chief Financial Officer Kenneth Adix said. view article
State lawmakers were prepared for a budget crunch, since the COVID-19 pandemic slashed revenues from sales taxes, energy taxes, and other sources. The question they now face is how to close the shortfall without choking off long-term growth. The answer is far from clear, but it’s certain to involve cuts to popular programs. In fact, such cuts are what's expected this session. The state comptroller's office says lawmakers need to close a shortfall of nearly $1 billion in revenues. And Republican state Sen. Brandon Creighton of Conroe, who serves on the Senate Finance Committee, noted that Gov. Greg Abbott has asked state agencies to reduce budgets by 5%. view article
Bryan ISD's Board of Trustees have approved a one-time $500 supplement for their salaried employees. Teachers, counselors, librarians, nurses, administrators and professional staff receive their pay bonus on their Dec 15 paycheck. view article
Texas pre-K programs are just scraping by after losing millions of dollars last year — and without sustainable funding, they could see greater problems down the line, school officials say. During the 2017 legislative session, lawmakers decided not to fund a $118 million high-quality pre-K grant program that was created in 2015 and championed by Republican Gov. Greg Abbott. The money had gone to 573 districts and charter schools that pledged to meet measures such as setting a lower student-teacher ratio, avoiding Common Core curricula and reporting student progress to the state. view article
Burnet school district officials were probably expecting to get more than two years from the synthetic turf installed at Bulldog Field in 2015, but that didn’t happen and it’s now set the district back $150,000. Burnet Consolidated Independent School District Superintendent Keith McBurnett, however, said the district is looking to get $105,000 back from one manufacturer. Last year, officials noticed some turf fibers sticking up higher than others, so they took a closer look, McBurnett said. “To most people, it probably wasn’t noticeable,” he said. “We had all the experts look at the field, and they looked at the backside. It needed to be replaced.” view article
On Saturday, voters who live within the Houston ISD will go to the polls to determine how - or if - the district will pay the state millions in "recapture" fees. Whatever voters decide on Proposition 1, the Houston ISD will take a financial hit, officials say. Recapture, and school finance, can be difficult to grasp. To help, here are the answers to some questions about the ballot measure. view article
The Round Rock school district awarded $1.9 million in grants to 34 campuses to help foster innovation in schools through programs, models or initiatives that enrich learning. The grants range from $7,500 to $100,000 and support the district’s strategic goal of implementing, enhancing and reinforcing innovative teachings and learning models, according to a district news release. view article
Fort Bend ISD is going to begin serving up something different for some students who continually fail to pay for their lunches -- a cold cheese sandwich with a side of milk, and that's not sitting well with some parents. We're not talking about students who qualify for free school meals. But apparently, these repeat offenders have gotten so "forgetful" that it's draining the district's budget by hundreds of thousands of dollars. view article
The Garland school district’s $453.8 million budget for 2015-16 passed this week. Here are the highlights: Taxes are going up: There’s a 10-cent per $100 valuation tax increase tied to theNovember 2014 passage of a $455 million bond package. Garland ISD previously had the second-lowest tax rate among 16 districts that tax in Dallas County; the bond will bring that closer to the midpoint. view article
The Lampasas Independent School District met Monday to discuss the district’s fiscal year 2016 budget and proposed tax rates. “My idea was still to give everyone a tax break, but to make it 1 cent right now, and we could change it in a year if we need to,” board member Sam Walker said. “I think we are jumping the gun by dropping it 2 cents.” view article
Marfa ISD is taking a proactive approach toward its potential Chapter 41 status, which would classify the district as a “rich” school. Chief Financial Officer Victoria Sanchez discussed with the board of trustees at the June 15 meeting five different options they could possibly choose for the Chapter 41 status and heavily stressed that the board should consider each option carefully as three of them would have permanent repercussions. view article
The Dallas Independent School District presented a draft version of a comprehensive plan for facilities and academic improvement to the board of trustees on Thursday. The long-range plan, which calls for $1.5 billion in funding, would be directed at school choice, pre-k expansion and career readiness, according to DISD officials. view article
Duncanville ISD thought it was getting a great deal when, one year ago this month, it switched electric providers and signed on with the State Power Program through the state's General Land Office. Just like that, Duncanville ISD's price-per-kilowatt hour dropped almost 20 percent, from 7.3 cents to a maximum of 6 cents. view article
The Comal Independent School District is paying off bond debt early in an effort to save taxpayers money. The district's board of trustees voted Thursday night to pay off $6.5 million in bond debt ahead of schedule. view article