Austin ISD approves budget with $52 million deficit; highest since 2017-18

AUSTIN (KXAN) – The Austin ISD Board of Trustees approved the 2023-24 budget early Friday morning.
The $1.82 billion budget includes a $52.25 million deficit.
According to Thursday night's district presentation by Chief Finance Officer Ed Ramos, that is the highest deficit since the 2017-18 budget deficit of $54 million.
In May, the Board of Trustees approved using up to $53 million of the district’s reserve funds to give teachers and school employees a raise for the 2023-24 school y