FBS: FBISD Adopts Deficit Budget For The First Time In District History (this includes a near $100 million dollar fund balance surplus)-
In 2007 the school district asked for and received a record bond debt for the fast growing school district. Now in this Fort Bend Star piece, for the first time in district history, the system will be operating a deficit budget. This while sitting on a near $100 million dollar surplus in their fund balance. What does this mean for the future of the district? Are we selling out our childrens future to further taxes and bond debt? Why won't the BOT and central office use the surplus, which is close to $20 million dollars over the states guides for these accounts?-follow the link above for more--
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