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El Paso ISD Audit Reveals $53M Deficit | El Paso News
Description
El Paso ISD is in deep financial trouble after a damning audit revealed a $53 million deficit—far worse than the initial $6 million projection—stemming from five years of overspending. The former CFO, Martha Aguirre, resigned amid accusations she failed to monitor or communicate critical financial risks, despite knowing about them. The superintendent allegedly relied too heavily on her, missing key red flags. Now, the district is rolling out a real-time financial dashboard to restore transparency and has scheduled a board meeting in August to address accountability. Fourteen recommendations aim to overhaul financial controls, improve communication, and prevent future crises.
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