Cypress-Fairbanks ISD trustees grappled with tough budget decisions during a Thursday workshop, including whether to give staff raises or drain the district’s fund balance so much that they would ask voters to raise taxes.
District leaders expect a $67 million deficit for the 2026-27 school year, down from a $74 million projected deficit last month. The shortfall narrowed after district officials cut some expenditures and identified additional revenue. Department leaders also cut $4 million from their estimates.
“The numbers, they don’t bode well. It’s a huge challenge for our district,” said trustee Christine Kalmbach, adding that Cy-Fair ISD is on the “precipice of a financial crisis.”…