Skip to main content
915 TLDR
Education
1 read

Ysleta ISD Faces $15 Million Deficit, Plans to Deplete Savings

El Paso MattersCindy Ramirez
Graduation caps representing education news

Want the full story?

Read the complete article at El Paso Matters

Read Original

AI Summary

The Ysleta Independent School District (YISD) is confronting a significant financial crisis with a projected $15 million deficit in its upcoming $379 million budget, which will leave its savings at just over $1 million. The district plans to address this shortfall through employee buyouts and attrition, avoiding layoffs for now. Superintendent Xavier De La Torre indicated that a tax ratification election is planned for November to generate additional revenue, while also noting a potential loss of 1,250 students next year. YISD is also considering maintenance tax notes to address $70 million in deferred maintenance costs. The school board must adopt the budget by June 30, and the district's financial challenges reflect broader issues affecting schools across Texas.

Key Details: • Proposed budget of $379 million with a $15 million deficit. • Budget must be adopted by June 30. • Tax ratification election planned for November to generate about $6 million annually. • Projected loss of 1,250 students, a 3.8% decrease. • Consideration of $65 million in maintenance tax notes for deferred maintenance.

enrollment budget ysleta-isd education tax-ratification

People & Organizations

Lynly CambernYsleta Independent School DistrictXavier De La TorreManny Soto

Related Articles