August 2018

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Budget Briefs: Task Force Extends Meeting Timeline, Discusses Staffing, Equity

The Budget Stabilization Task Force extended its meeting timeline, reviewed information on staffing and spoke further about equity in Austin ISD at its fourth meeting Aug. 15. The group has begun the work to identify strategies to close the budget deficit and review district spending, after the Board of Trustees approved the latest budget with a $29 million dip into reserves. The district is also expected to have budget shortfalls in the future.

Here are three things to know as the task force moves forward.

Budget Briefs: Task Force Approves Subcommittee, Digs Into Budget Data

The Budget Stabilization Task Force approved the creation of a subcommittee and began digging into the budget data, including student and staff funding, at its third meeting July 30. The group continues its monthslong process to identify creative strategies to close the budget deficit and review district spending, after the Board of Trustees approved the latest budget with a $29 million dip into reserves. The district is expected to have a budget deficit of more than $70 million by the 2020-21 school year.