More bad budget news; the economic forecast from this morning projects an increase in the projected shortfall of $522 million to an unprecedented $9 billion total. How this increase will impact our school system is not known, but it can't be a positive influence. We are, however, getting closer to learning the impact with the release next week of the Senate's budget. This budget followed by the House version are important documents as we try to identify the target of adjustments that we must make.
On Tuesday a coalition of representatives from our district's PTA, school board, TEA, and PSE met with three legislators (Senator Pflug, Representative Sullivan, Representative Maxwell) to share our story and to ask for information. The one piece of information we left with is the likelihood of the reduction in levy equalization in the Governor's budget being eliminated or reduced because of an effective lobby effort by property poor school districts. The problem for us, however, is that the increase in revenue in this area will be more than offset by what will probably be a larger decrease in I-728 funding. Once again, a negative impact on us.
If you haven't taken the opportunity yet to visit the budget information on our website please consider it. It includes a review of the process we are using to identify budget adjustments, a calendar of key meeting dates, and an opportunity to share your ideas with us.
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