Latest News and Comment from Education

Friday, June 25, 2010

Dallas ISD trustees OK $1.25 billion budget | News for Dallas, Texas | Dallas Morning News | Latest News

Dallas ISD trustees OK $1.25 billion budget | News for Dallas, Texas | Dallas Morning News | Latest News

Dallas ISD trustees OK $1.25 billion budget



11:04 PM CDT on Thursday, June 24, 2010

By TAWNELL D. HOBBS / The Dallas Morning News
tdhobbs@dallasnews.com

Dallas school district employees won't receive a raise under a $1.25 billion budget approved by trustees Thursday. But taxpayers will get a small break and the district's reserve fund will grow by more than originally projected.
Some trustees had said earlier this month that they wanted to give employees a raise, but they were advised that there was no money for such a move.
The budget does call for putting money in the district's reserve fund, which was left dangerously low after a budget crisis in 2008.
The reserve fund is expected to grow more than initially estimated – from about $37 million to $60 million. District officials said additional revenue and lower spending in some departments are allowing more