Cash flow woes

UCISD considers options at workshop

Jennifer Fry

Staff writer

Even with a proposed budget cut of $1,753,860, Uvalde Consolidated Independent School District is expected to be $375,021 upside down next year – at best. At worst, the deficit grows to $1,643,893.

The good news is that the district has a $9.3 million undesignated nest egg, what it terms a fund balance, from which to pull in the event of an emergency. Like a personal rainy-day fund, tapping into it for daily operations would not be in the district’s best interest.

These figures were presented at the UCISD special meeting of the board of trustees held Monday at 6 p.m. Trustees conducted the first of three budget workshops for the coming school year.

The second budget workshop is scheduled for July 30. A public hearing on tax rates is set for Aug. 20, the first day of the next school year.  At that time the board will set its tax rate for the coming year and adopt its 2018-2019 budget.


The of rest this story is restricted to subscribers only.
Already registered? Login below
Already a subscriber: Click here to add digital access.
Click here to purchase a subscription.
Buy 3 Days of Online-Only Access for $1.95

Remember me (for 2 weeks)

Forgot Password

- Advertisement -
REK Billboard

- Advertisement -
REK Billboard

- Advertisement -
REK Billboard
- Advertisement -
HNB Billboard