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Austin ISD Faces $230M Deficit, Seeks Community Input

Austin ISD Faces $230M Deficit, Seeks Community Input

Published 1 month ago
Description

Austin Independent School District faces a staggering $181 million budget deficit, with a $49 million shortfall this year. Superintendent Matias Segura attributes the crisis to plummeting property values, decreased enrollment, soaring operating costs, and stalled real estate deals. The district is considering significant staffing cuts and department layoffs, with community input sessions scheduled for April and May. The preliminary budget will be released on April 23rd, and the final board vote is set for June 18th.

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