Fort Bend ISD is relying on millions of dollars from land sales to stabilize next year’s budget as district leaders continue searching for ways to manage finances after a projected $56.4 million deficit and the closure of seven elementary schools.
Without the land sales, district officials said at Tuesday’s board of trustees meeting, Fort Bend ISD would miss its own reserve target.
Land sales critical to budget
In essence, the district’s proposed 2026-27 budget hinges on selling off properties at $7.2 million in proceeds, Executive Director of Finance Kelly Schlacks told trustees.
The district’s financial challenges have been building for months…