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Superintendent shares financial outlook with legislators

In an ongoing effort to educate the North East ISD community about the financial state of the District, Superintendent Dr. Brian G. Gottardy hosted a presentation and discussion with the District’s state legislators, board trustees, and area chamber of commerce representatives on May 16, 2018. The conversation centered on the District’s 2018-2019 financial outlook and the financial pressures that are leading to a deficit budget.

“I’m giving this presentation to anyone who will listen,” said Gottardy. “I think it is important for our community to understand what’s happening to North East ISD and many other districts across the state.”

State Senator José Menéndez, State Representative Diego Bernal, and State Representative Roland Gutierrez were in attendance along with San Antonio Chamber of Commerce President and CEO Richard Perez, San Antonio Hispanic Chamber of Commerce President and CEO Ramiro Cavazos, and North San Antonio Chamber of Commerce Executive Vice President of Business Development and Government Affairs Cristina Aldrete. Attending from the North East ISD Board of Trustees were President Shannon Grona, Secretary Sandy Hughey, and members Tony Jaso, Jim Wheat, and Terri Williams.

Dr. Gottardy’s presentation covered general fund revenue history, student enrollment decline and its impact on revenue, and the reductions being implementing for the 2018-2019 school year. District staff have already identified about $12 million in cuts for next year, but NEISD still faces a sizeable budget deficit. Additionally, the District will likely be sending money back to the state through recapture payments beginning in the 2019-2020 school year.

Heading into the 2019 Legislative Session, Dr. Gottardy asked elected officials to consider two adjustments that could help multiple districts across the state: revising the recapture payment threshold and indexing school funding for inflation.

“We have $30 million less in buying power today than we did in 2010-2011,” explained Dr. Gottardy. “State funding for education may be up overall, but when adjusted for inflation it is down 6 percent. Everyone’s bills are going up. We need to address the real impact of inflation on our classrooms.”

 Click here to review the presentation.

 

 

Title slide of a PowerPoint presentation projected on a screen.

Legislators are in the board room listening to a financial presentation

Legislators and invited guests listen to a financial presentation in the North East ISD board room.