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Budget Concerns at Mercedes ISD Prompts Meeting

Budget Concerns at Mercedes ISD Prompts Meeting
5 years 10 months 3 weeks ago Tuesday, May 07 2019 May 7, 2019 May 07, 2019 10:31 PM May 07, 2019 in News - Local
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MERCEDES – A financial crunch has prompted the Mercedes Independent School District to hold a special meeting.

It’s been confirmed some jobs will be cut.

The Mercedes community learned more about the budget concerns in Tuesday’s meeting.

The interim superintendent discussed the breakdown of their fund balance over the years and explained the student population is decreasing as staff costs are increasing.

"From a high of almost $16 million down to $1.8 million and the following year $1.5 million and today we are at $500,000... Wow,” explains Mercedes ISD interim superintendent Maria Filomena Leo.

Some staff will keep their jobs, others are still in limbo.

Watch the video above for the full story.

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