Budget Planning and News
News & Updates

Keeping Tabs on Project RightSize
RISD will host a series of listening tour meetings for community members to ask questions and offer feedback.

RISD Proposes Elementary School Consolidation Plan
Five elementary campuses would be consolidated or repurposed.

Annual Demographic Update
Moderate enrollment decline is expected over the next five years.

Keeping Tabs on Great Teachers, End of Semester
Superintendent Branum shares a few reflections on some great teachers and the end of the first semester.

Trustees Receive Community Budget Recommendations
The community budget steering committee concluded six months of work with recommendations to RISD trustees to address a projected shortfall.

Community Budget Steering Committee Holds November Meeting
The committee met for the fifth time since the summer, charged with arriving at recommendations for RISD Trustees to address a large projected deficit in the 2024-25 operating budget.

RISD Trustees Approve Annual Audit; FY 2022-23 Budget Variances Provide Additional One Time Funds
RISD again received an unmodified or “clean” opinion, meaning all “financial statements are correct in all material aspects.” Auditors found no material weakness, no significant deficiencies, nor any instances of noncompliance.

Call To Action From Superintendent Branum
Richardson ISD students and teachers need additional funding – please consider contacting RISD legislators today.

Community Budget Steering Committee Continues Work at October Meeting
Each member identified the subcommittee they wanted to participate in to study in-depth potential solutions to the district’s projected operating deficit.

RISD Earns Superior Financial Integrity Rating
The FIRST method ensures Texas public schools “are held accountable for the quality of their financial management practices, and that they improve those practices.”

Community Budget Steering Committee Holds September Meeting
Subcommittee work began in four areas: facility utilization, staffing and compensation, central administration, and revenue generation.

Community Budget Steering Committee Holds August Meeting
Committee members reviewed 2023-24 operating budget expenditures by state-defined categories.

Community Budget Committee Holds Initial Meeting
The committee gathered July 25 for its initial meeting, beginning a process expected to result in recommendations to the board in December.

Trustees Approve Budget Based on Reduced Tax Rate – Community Budget Steering Committee Forming
RISD’s approved budget is based on an anticipated state-set operating tax rate that is at the lowest level since 1993.

RISD To Form Community Budget Steering Committee
RISD will be forming a Community Budget Steering Committee to help prioritize how limited resources are used, consider reductions and options to increase revenue.