Round Rock ISD shares anticipated budget hurdles for 2024-25 school year
Round Rock ISD administrators shared some hurdles that may impact planning for the 2024-25 school year in preliminary budget update Feb. 15.
What you need to know
As the district begins the process of creating its budget for the upcoming school year, RRISD Chief Financial Officer Dennis Covington shared that there are multiple factors impacting decision-making, such as lowered enrollment resulting in reduced revenue and continued lowering of the maximum tax rate the district is allowed to set by the state of Texas, as well as growth of charter school enrollment and homeschooling.
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Round Rock ISD predicts about $30M in budget cuts going into FY 2024-25 budget cycle
A proposal to fund the operation of Round Rock ISD for fiscal year 2024-25 shows the district is reckoning with a shortfall of about $30 million. To close this gap, district administrators said they are identifying efficiencies in departmental budgets as well as positions, but are working to apply staffing reductions through attrition.
What's happening?
As RRISD began its budget season in February with a preliminary outlook, Chief Financial Officer Dennis Covington said the district would likely be looking at decreasing some positions, reimbursements, stipends and department allocations to reduce its budget for FY 2024-25. In a March 28 budget update, Covington said the district is looking at a potential shortfall of $27 million to $29.6 million, based on a few different attendance rate scenarios.
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