A $20 million surplus is projected for Klein ISD’s fiscal year 2025-26 budget, Chief Financial Officer Daniel Schaefer said at the April 20 budget workshop.
The overview
Once the FY 2025-26 budget is brought to the board of trustees at the end of the district's fiscal year in June, the $20 million surplus should bring the fund balance total to $255.9 million.
Schaefer said the FY 2025-26 surplus will be put toward next fiscal year’s expected expenses of $20 million to balance out the two year cycle. This would put the district's fund balance at $235.6 million for the next legislative session.
