MISD reviews plan to reduce $41 million deficit
What happened: The Midland ISD Board of Trustees will meet on June 10 at 5:30 p.m.
Why it matters: Trustees will review next year’s budget, vote on new employee salaries, and consider long-term plans to reduce the district’s $41 million deficit.
Key points:
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Budget goals: Administrators aim to reduce the deficit to $16 million in 2025–26. Since January, MISD has cut staffing by 8.12%, saving $22.6 million in payroll and $12.6 million in other General Fund costs.
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Enrollment and attendance: The district projects 30,103 students next year, with an average daily attendance (ADA) of 27,103, about 93%. The current ADA is 26,265. Because state funding is based on ADA, improving attendance remains a priority.
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Budget strategy: The board will review four key strategies to meet financial goals:
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Build a sustainable budget
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Offer pay increases
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Align spending with board goals
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Review all expenses for efficiency
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Final budget timeline: A final presentation is scheduled later this month. The board will adopt the tax rate in September.
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Employee compensation: Trustees will vote on the 2025–26 compensation plan. The proposal adjusts pay ranges for new hires based on a market study, but emphasizes that raises are not automatic and must be approved each year.
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Teacher pay scale: The updated scale starts at $61,500 for new teachers and increases to $80,070 for those with 30 or more years of experience, based on a 187-day calendar.
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Additional compensation: The plan outlines minimum and maximum pay for all district roles, including stipends and extra-duty rates.