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EPISD Blames Former CFO for $52.8 Million Financial Crisis

KTSM••Jesus Baltazar
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The El Paso Independent School District (EPISD) Board of Trustees held a lengthy meeting on June 4, where they officially declared a financial emergency due to a significant deficit that has escalated to $52.8 million. Trustees indicated that the former chief financial officer is largely responsible for this fiscal mismanagement, which has led to mass layoffs within the district. This situation is critical as it impacts the district's ability to operate effectively and maintain staff. EPISD is now navigating the repercussions of this financial turmoil, which could affect students and educational programs.

Key Details: • Financial exigency declared on June 4, 2023 • Projected deficit has reached $52.8 million • Mass layoffs are a direct consequence of the financial crisis

budget education episd layoffs financial-crisis

People & Organizations

El PasoEl Paso Independent School Districtformer chief financial officer

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