As Bastrop ISD administrators continue crafting a budget proposal for the 2026-27 financial year, updated projections for enrollment and clarification about legislative impacts paint a clearer picture of the district's path forward.
In a nutshell
Mike White, the district's chief financial officer, shared a budget outlook for the upcoming budget year in an April 21 board meeting and April 28 board workshop. He said the district will receive about $700,000 less in hold harmless funding related to an increase of the homestead exemption, but the budget was expected to be bolstered by one-time infusions of cash.
Amid a slowdown of enrollment, he presented potential budget options that include a 1% compensation increase at the midpoint, which would fit into a balanced budget alongside state-mandated compensation increases for teachers under House Bill 2.
