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Austin ISD works toward reducing budget deficit for next fiscal year

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January 22, 2024


The budget process for the 2024-25 school year has begun!

**What to know: **The Austin ISD Finance Department presented a budget update to the school board and explained how we’ll work to reduce our $52 million budget deficit for this fiscal year. 

The department is focusing on some key areas within the district to reduce the deficit.

  • Vacancy savings 
  • Overtime
  • Contract review
  • Software

**What they’re saying: **“Our goal is to reduce our overall budget deficit by 50%. Once a budget is adopted we begin to perform budgetary reviews, making sure they align with the district scorecard and initiatives,” said, Eduardo Ramos, chief financial officer at Austin ISD.  “That process is year-round as we continually monitor our budgets.” 

**What’s Next: **We’ll present a preliminary budget to the board in April and the final budget is scheduled to be adopted in June. 

Get involved: The district will host a series of community conversation throughout the spring semester where everyone is invited to weigh in on budget priorities.

Full event details are listed on the district calendar.

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