District plans three-year strategy to tackle $92 million budget shortfall

Education
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Ali Ghilarducci Austin ISD’s Department of Communications and Community | Oficial Website

District officials are currently assessing ways to address a $92 million budget deficit over the next three years. The district leaders aim to create a sustainable budget plan while remaining cautiously optimistic about the potential for additional funding from the upcoming legislative session.

The proposed three-year cascading budget plan will defer the most challenging cuts to future years. Last spring, district leaders reduced non-campus expenses by $30 million for the 2024–25 budget. The current year’s budget will see an additional $26 million in reductions. For the 2025–26 school year, there is a planned reduction of $47 million, followed by an estimated $19 million cut for 2026-27.

Superintendent Matias Segura and senior leaders are set to present this budget plan at the Board Voting Meeting on November 21. This presentation will be informational, with any necessary approvals expected in December.

Voters have approved Prop A, which will contribute $41 million to support campuses and fund pay increases for teachers and professional staff. Additionally, $20 million of these funds will be used to offset current costs and reduce the budget deficit, alleviating the need for more severe budget reductions.