by Claudia Lorena Silva
A public school consultant is recommending that the El Paso Independent School District declare financial exigency — similar to bankruptcy for educational institutions — and initiate a stabilization plan that could include mass layoffs in the face of an unexpected budget shortfall for the current school year.
EPISD officials said the district is on track to spend $52.8 million more than it will make in revenue for the 2025-26 school year, after discovering significant systemic issues in how it was tracking its finances, the school board was told Tuesday…