Education
BY HALEY VELASCO
Clear Creek ISD trustees adopt budget with $12.5M shortfall for FY 2025-26
Clear Creek ISD’s FY 2025-26 budget Total Revenue $416.8M Total Expenses $429.3M
Capital outlay: $30K
Other resources: $2.13M
Clear Creek ISD’s board of trustees on Aug. 25 adopted a budget that projects a $12.5 million shortfall for fiscal year 2025-26. While the tax rate has not yet been adopted, this budget is based on the district’s current tax rate of $0.9690 per $100 valuation of a home, as the district has projected the tax rate for FY 2025-26 will be unchanged. Budget explained CCISD will have $416.8 million in revenues and $429.3 million in expenses, landing the district in a possible shortfall of $12.5 million, according to budget documents. CCISD’s Chief Financial Officer Alice Benzaia noted the district has the following budget challenges: • Student enrollment being below projections
• Nationwide inflation • Inadequate state funding • Unfunded state mandates • Sustainability of current programs
Other operating costs: $10.75M
Federal program: $3.62M
Benzaia confirmed this shortfall is the “worst case scenario,” and the district will continue to attempt to balance the budget throughout the fiscal year. Stay tuned The board will meet at 6 p.m. Sept. 22 at the dis- trict’s Education Support Center, located at 2425 E. Main St., League City, to adopt the district’s tax rate, which is projected to be $0.9690 per $100 valuation of a home. That rate would mean a tax bill of $2,140 for a home valued at $406,000, documents show.
Supplies and materials: $15.37M
State program: $203.42M
Contracted services: $27.9M
Local and intermediate resources: $207.64M
Payroll costs: $375.23M
SOURCE: CLEAR CREEK ISD/COMMUNITY IMPACT
11
BAY AREA EDITION
Powered by FlippingBook