Richardson | June 2026

Education

BY MICHAEL CROUCHLEY & ISABELLA ZEFF

PISD anticipates $44M budget shortfall Plano ISD is anticipating a $44 million decit budget for scal year 2026-27, Chief Financial Ocer Courtney Reeves said during a May 6 board of trustees meeting. The big picture District sta is expecting around $561.9 million in expenditures and $517.1 million in net revenue. PISD’s expenditures are projected to decrease by $3.99 million from last scal year, but revenues are expected to decrease by more than $14.5 million. Reeves attributed that decrease largely to declining enrollment and recapture, a program that reallocates tax revenue from property-rich districts to those the state deems property-poor. PISD is expected to lose 2,008 students next school year, which will cut into state funding determined by enrollment. The district’s recapture bill is expected to be $132.54 million, a $14 million

RISD eyes $8.3 million in teacher, sta raises Richardson ISD ocials proposed dis- trict-wide raises based on role and experi- ence for 2026-27 on May 7. The board came to a consensus on a proposed raise that would cost the district roughly $8.3 million. The board is set to ocially approve the new 2026-27 budget and the proposed raise in June. Breaking it down Despite RISD’s budget shortfall and $25.7 million in cuts proposed in April, district ocials have maintained that pay raises are a priority throughout the development process for the 2026-27 budget. “We know we’re going to have to make more cuts,” trustee Megan Timme said. “We [also] want to have the best teachers in the classroom.”

PISD department budgets PISD’s department budget is set to rise by 0.2%, the lowest year-over-year increase since FY 2021-22.

Projected

$1B $80M $60M $40M $20M $0

Fiscal year

2021- 22

2022- 23

2023- 24

2024- 25

2025- 26

2026- 27

SOURCE: PLANO ISDCOMMUNITY IMPACT

increase from FY 2025-26. Diving deeper

PISD’s department budget is set to rise by 0.2% from 2025-26 to the next scal year. That’s the lowest year-over-year increase since FY 2021-22. The largest areas of saving for the district will come from decreases of $535,663 and $508,975 in custodial costs and in-school support service costs, respectively, according to district documents.

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