McKinney | July 2024

Education

BY HANNAH JOHNSON

McKinney ISD ocials are expecting to dip into the district’s reserve general fund to balance the scal year 2024-25 budget. The $392.82 million budget was approved by the board of trustees June 24 in a 6-1 vote, with trustee Chad Green voting against approval. The board previously discussed the budget planning process in March and May. The breakdown While $273.36 million in expenditures is budgeted for in the general fund, district ocials expect actual expenditures to be $267.35 million—a variance of $6 million. To address the budget shortfall, $21.79 million will be reallocated from the district’s reserve fund balance. A district’s fund balance should hold enough money for a district MISD to dip into fund balance to address shortfall

General fund: $273.36M Debt service fund: $105.27M Food service fund: $14.19M

Total: $392.82M

SOURCE: MCKINNEY ISDCOMMUNITY IMPACT

to operate for 75 days, according to the Texas Association of School Administrators. The district will have $73.96 million remaining in its fund balance at the end of the 2024-25 scal year. Looking ahead District ocials remain optimistic the Texas Legislature will provide additional funding to schools in the upcoming legislative session, which begins in January, said Dennis Womack, assistant superintendent of business, operations and technol- ogy. In the fall, district ocials will present a list of budget cut options ready to implement if they are needed, he said.

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"When we’ve come to nancial emergencies or crises, [the board] has allowed the district to continue to operate without having to make draconian cuts or school closures." DENNIS WOMACK, ASSISTANT SUPERINTENDENT OF BUSINESS, OPERATIONS AND TECHNOLOGY

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Schools to see new safety systems

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Five McKinney ISD campuses and facilities will receive new weapon detection systems in the 2024-25 school year. The $1.27 million purchase of Evolv security systems was approved by the board of trustees June 24. The purchase of the sys- tem will be covered through 2021 safety and security bond funds.

The details The systems will be installed at all MISD high schools, the MISD Stadium and the Disciplinary Alternative Education Program campus before the 2024-25 school year. The security systems uses technology to screen people and detect if they are carrying weapons as they enter schools.

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