Education
Actual/projected fund balance
Minimum fund balance requirement
Leander ISD’s fund balance LISD’s fund balance will be out of Texas Education Agency compliance by FY 2027-28 if budget reductions are not implemented.
T
$200M $150M $100M $50M $0
$190M
$120M
N
$79M
$61M
2019- 2020
2020- 2021
2021- 2022
2022- 2023
2023- 2024
2024- 2025
2025- 2026
2026- 2027
2027- 2028
2028- 2029
LISD opens new instructional centers The Denise Geiger Compass Center opened in August as the new location of LISD’s transition services, which serves adults ages 18-22 who qualify for special education services. Sorting out details The program provides adult living and community integration skills, and features vocational spaces and an apartment. Fund- ing for it was approved in the 2023 bond.
SOURCE: LEANDER ISD/COMMUNITY IMPACT
Leander ISD talks fixes for $22.8M shortfall The LISD board of trustees held a special workshop meeting Sept. 9 to discuss the district’s future budget shortfalls and long-range planning. The gist Current budget projections show a $22.8 million budget shortfall in fiscal year 2026-27, which could
increase to $32.3 million by FY 2028-29. On Sept. 9, Superintendent Bruce Gearing discussed potential alternative revenue streams, including having an open enrollment policy, increasing average daily attendance, getting addi- tional funding from House Bill 2’s special educa- tion allotment or selling, or leasing land parcels. If the district does not implement any of these options, other considerations would have to be made, which could include cutting upward of 200 staff and making changes to scheduling, fine arts, athletics and other programs, Gearing said.
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