What is AISD proposing in the preliminary budget to overcome its budget deficit? How long will this financial crisis last?
The District is committed to redirecting costs to balance the budget, while encouraging state legislators to provide financial relief for our schools. The proposed FY2011 Preliminary Budget includes proposals to cut and/or eliminate several programs, which will reduce the General Fund budget by $8.3 million. The District also is well positioned to implement additional savings measures to avoid $4.8 million in budget increases. The total $13.1 million in budget savings, reductions, and reprogrammings will both eliminate the deficit, and provide a small down payment on Strategic Plan initiatives. However, with the state and national economy continuing to slide, AISD will experience budget difficulties for at least the next two to three years.
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