Education
BY BRITTANY ANDERSON & BROOKE SJOBERG
HISD passes $122M budget for FY 2024-25 Hutto ISD officials in June approved a $122.06 million budget for the 2024-25 fiscal year, with a projected shortfall of $3.5 million amid increased operational costs as well as what staff and offi- cials describe as inadequate state funding. What happened District staff shared a proposed budget break- down, including a total tax rate of $1.20520 per $100 of valuation for the 2024-25 budget year, which begins July 1, during a June 13 hearing on the budget and tax rate. This rate is $0.0230 lower than the previous year’s tax rate of $1.20750. The details The tax rate will fund a planned operating budget of $122.06 million for the 2024-25 fiscal year. Staff shared a projected $118.54 million in revenue from local, state and federal sources for
PfISD seeks special ed, low-income grants Pflugerville ISD applied for two grants in June totaling $9.82 million for the 2024-25 school year that would help support special education services and improve programs for
Budget struggles
Hutto ISD Chief Financial Officer Caleb Steed said the district faced several hurdles in creating a budget for the upcoming year.
19% increase in inflation since 2019 13% increase in cost of covering health care for staff 10% reduction in all non- payroll budgets
low-income students. Two-minute impact
According to Chief Academic and Innova- tion Officer Adelaida Olivarez, the district applied to renew two federal grants: the Every Student Succeeds Act, or ESSA, totaling $5.11 million; and the Individuals with Disabilities Education Act, Part B, or IDEA-B, totaling $4.71 million. Per the district, these resources improve the quality of special education programs and ensure low-income students have a level playing field with state assessments.
SOURCE: HUTTO ISD/COMMUNITY IMPACT
this budget year as well. The roughly $3.5 million shortfall will be filled by the district’s fund balance. Included in the budget is a 4% compensation increase for teachers as well as an average of 2% pay increase for other district employees. It also includes an estimated $850,000 to be repaid to the state in recapture, staff shared in April.
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PFLUGERVILLE - HUTTO EDITION
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