Will Fort Worth ISD’s next budget be balanced? Questions remain
The Fort Worth ISD school board listens to a presentation in the District Service Center on Jan. 13, 2023. (Jacob Sanchez | Fort Worth Report)
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Fort Worth ISD is still adding up numbers to determine whether it will have a balanced budget for the 2024-25 school year.
The school board received its first public presentation of the next budget on April 23. Officials did not present how much they expect to spend for the next school year.
After the meeting, spokespeople declined to provide the total estimated expenditures for the 2024-25 budget.
“We are still working through the expenditure side of the proposed budget,” spokesperson Cesar Padilla said.
New expenditures are expected to be presented at the school board’s May 14 budget workshop, Padilla said.
Chief Financial Officer Carmen Arrieta-Candelaria expects revenue to decrease to $815.9 million for the 2024-25 budget. The projected 2023-24 school year budget has $817.7 million in revenue.
In January, Arrieta-Candelaria told the Fort Worth Report the district likely would face an estimated deficit of $44 million for the 2024-25 school year.
The current budget is projected to end with a deficit of nearly $43.4 million. Deficits are created when spending exceeds revenue.
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