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Funding the Future
Top Budget News
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Have a budget question? Email us!
Have a budget question? Email us!
Budget Myth Busters

MYTH: An audit identified a $300 million dollar surplus available to be used by the district.

FACT: An external review ordered by Superintendent House identified no new funds, but underscored the need to revisit past budgeting practices. The external review identified annual surpluses over the past five years with almost half being from unexpected one-time Hurricane Harvey funds from the state. That led to the growth of the district's fund balance over the five year period. The majority of unassigned – or available – fund balance will be spent on increasing teacher and employee pay, as well as addressing the district's structural deficit in the coming fiscal years.