AISD plans hiring, spending freeze as budget deficit hits $110M
AUSTIN (KXAN) -- The Austin Independent School District is implementing some new strategies to try to cut spending as its projected deficit for the 2024-25 Fiscal Year has hit $110 million, according to information shared during a Board Information Session last week.
Katrina Montgomery, interim chief financial officer for AISD, provided an update to the Fiscal Forecast at the session Thursday evening.
The district in June adopted an operating budget of $954 million for the 2024-25 Fiscal Year, w
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