Pflugerville ISD board OKs using fund balance to help cover $8M budget gap

Pflugerville ISD staff will be taking a hard look at the budget over the next year to prevent future deficits. The district faces challenges of an influx of 600 new students coming into the district over the next year and about $4.2 million in reduced funding from the state. On Thursday, PfISD trustees approved the fiscal year 2017-18 budget at $212 million in general fund revenues, $8 million below $220.6 million in general fund expenditures. To cover that gap, the district will use $6 million in its fund balance—unspent money it has accrued over the years—as well as revenues from […]

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Source: Community Impact- Round Rock