EL PASO, TEXAS (KFOX14/CBS4) — As the El Paso Independent School District grapples with a $52 million budget deficit, district leaders are also facing concerns about the long-term stability of its employee health insurance fund.
EPISD is facing a $52.8 million budget shortfall for the current 2025-2026 budget year, leaving the district with about 38 days left in its fund balance, described as the district’s “piggy bank.” Next school year is projected to be even worse, with a $42 million deficit and fewer than 12 days of savings. While district officials have until the end of June to balance next year’s budget before the school board can approve it, more questions are being raised about how the deficit will impact students and staff.
During EPISD’s Board of Trustees meeting on Tuesday, it was noted that the district’s health insurance fund is not sustainable…