The Hutto ISD board of trustees approved a one-time retention stipend for employees during its Nov. 11 meeting.
The overview
Full-time employees will receive $250 and part-time employees will receive $125, Chief Financial Officer Rosanna Guerrero said.
Employees will see the stipend hit their accounts around Dec. 18, Guerrero said.
Trustees requested the stipends be calculated as gross payments, meaning employees will receive the full amount after taxes, Guerrero said.
The financial impact to the district is about $500,000.
“We’re really putting our people first,” Guerrero said. “We wish we could do more, but I feel like we feel comfortable with where we are.”
Zooming out
Guerrero said her staff will continue to keep an eye on the budget, identifying opportunities for efficiencies.
Enrollment is about 250 students lower than expected, and average daily attendance is also trending slightly lower than the projected 94%.
Depending on how the school year progresses, a budget amendment could be brought to the board in the new year to utilize prior year surplus funds to close gaps between projections and realized attendance numbers as well as fund the stipend.