Why does the District project a budget deficit for 2010-2011?
This is not an easy answer. Major economic and funding issues seriously impacted the preparation of the District’s 2010-2011 Budget. Though Texas continues to be spared the most extreme circumstances, the economic slowdown has taken its toll on the state’s ability to fund education, which has also resulted in AISD receiving less state aid this year. A structural deficit simply means that expenditures are outpacing revenue. Stark projected declines in property tax revenue as a result of declining property values, along with increase costs for salaries, enrollment growth, and basic operating expenditures led to the projected deficit.
