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Budget amended for larger deficits

Financial

What happened

On August 17, 2026, the board approved year-end budget amendments to increase the expected deficits. The same night, the county appraisal district reported that certified property values had fallen because mineral values dropped, a trend it expects to continue.

Why it matters to families

Spending more than it takes in draws down the district's savings at a time when both enrollment and property values are falling.

The evidence

August 17, 2026 minutes: consent item 'End-of-Year Amendments to Increase Anticipated Deficits'; the Newton CAD representative 'reported on the decline in certified values ... he anticipates the trend to continue.'

The source

August 17, 2026 board agenda, briefs and minutes

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