Some hours ago, EPISD posted its agenda backup for tomorrow’s meeting of the Board of Trustees.
Under item G.1, there is a presentation of the budget figures for the end of the third quarter (March 31, 2026) of the current fiscal year.
At the top of the first page, we learn the school district is not facing a budget deficit of $6 million, as had been previously reported, but of $96,685,129.
Of that figure, $82.9 million of the shortfall is from state program revenues, $11.0 million from local and intermediate sources, and $2.8 million from federal program revenues.
We have learned that the district is expecting $45 million from the state in the 4th quarter, which means the net revenue gap will be only $52 million. That is still a huge figure, and it is not reported in the quarterly report. We learned about it from an EPISD source.
Make no mistake about it. These figures are catastrophic.
We are wondering whether and when the TEA will intervene to save EPISD from financial oblivion.
We are also wondering whether the other local school districts are facing similar challenges that we have not yet learned about.
Please consider attending tomorrow’s EPISD meeting, scheduled for 5:00 PM in the EPISD Administration Building at 1014 North Stanton Street, and speaking about your concerns.