MISD Trying to Figure Out $3.7 Million Deficit - KWES NewsWest 9 / Midland, Odessa, Big Spring, TX: newswest9.com |

MISD Trying to Figure Out $3.7 Million Deficit

By: Alexa Williams
NewsWest 9

MIDLAND- School might have just let out for summer but Midland ISD is already planning for the 2014-2015 school year. The budget for the upcoming year has been a challenge for the district. Right now, they're currently in a $3.7 million deficit.

"One of the biggest challenges that I talked to the board about is were a fast growth district which means we need to continue to hire teachers to serve the kids and that's one of our biggest expenses right now," MISD Superintendent, Dr. Ryder Warren, said. 

On top of the district's growth, Midland ISD is now considered a chapter 41 property wealthy school district. Meaning the state is going to take a portion of our tax dollars and give it to other districts that are in need. So now, MISD will have to give up $32 million.

"We're budgeting $32 million to leave us for the 2014-2015 school year. We're very concerned about what the system's affect will have on our district," Dr. Warren said.

The district plans to work through the summer to figure out what changes to make to fix the deficit.

"The board can go ahead and ask us to cut the rest of the $3.7 million or the board can ask us to go through a process of actually asking the community for a couple of more pennies for tax rate," Warren said.

Warren also said the district should have the budget figured out within the next few weeks.
Powered by Frankly
<div id="CDEV-footer"> <div class="top"> <div class="search-box"> <div class="wnSearchBox" id="WNSearchBox-bottom"><form method="get" onsubmit="return wnValidateSearchTerm(this,0)" action="/Global/searchresults.asp"><span>Can't Find Something? </span><input type="text" class="wnQueryText" name="qu" size="20" value="" placeholder="Search For It Here"><input type="submit" class="wnSubmit" value="Search"></form></div> </div> <div class="station-info"> <div class="logo"><img src="http://ftpcontent.worldnow.com/professionalservices/clients/raycom/kwes/2015/images/kwes-footer-logo.png" width="103" height="98" border="0" /></div> <div class="contact"> <div>11320 West County Rd. 127<br>Midland, Texas, 79711</div> <div>(432) 567-9999</div> </div> <div class="fcc"> <div><a href="https://publicfiles.fcc.gov/tv-profile/kwes-tv">KWES FCC Public File</a></div> <div><a href="https://publicfiles.fcc.gov/tv-profile/kwab-tv">KWAB FCC Public File</a></div> <a href="mailto:publicfile@kwes.com">publicfile@kwes.com</a> <div>(432) 567-9999</div> <a href="http://ftpcontent4.worldnow.com/kwes/KWES_EEO.pdf">EEO Report</a> <a href="/story/19627809/closed-captioning-contact">Closed Captioning</a> </div> </div> </div> <div class="footer-main-nav"> <ul class="link-group"> <!--<li><a href="#">News Now Link</a></li> <li><a href="#">News Now Link</a></li> <li><a href="#">News Now Link</a></li> <li><a href="#">News Now Link</a></li>--> </ul> </div> <div class="news-link"> <ul class="link-group"> <li><a href="http://www.ktre.com/category/241993/texas-news-now">Texas News Now</a></li> </ul> </div> <div class="bottom"> <div class="copyrightText"> <a id="wnLogo" href="http://www.worldnow.com"><img src="http://ftpcontent.worldnow.com/wncorp/logos/worldnow_white.png" id="wn"></a> <div class="text"> All content &copy; Copyright 2000 - 2018 Raycom Media. All Rights Reserved. For more information on this site, please read our <a href="/story/8774923/privacy-policy">Privacy Policy</a> and <a href="/story/8775106/terms-of-service">Terms of Service</a>. </div> <div class="clear"></div> </div> </div> </div>