• FINANCIAL PLANNING & BUDGET
    Community health data continues to change in our Liberty Hill ISD community, and we are continuously monitoring this information and adjusting our plans accordingly. We are sharing these plans with the understanding that as we get closer to August 20, 2020, plans could change based on conditions.
  • I. Adopt a 2020-2021 Balanced Budget for General Fund

    A. Property Value Growth: 19%

    B. Projected Student Enrollment Growth: 497

    C. TEA State Funding based on Average Daily Attendance (ADA) Guidelines for FY21 https://tea.texas.gov/sites/default/files/covid/sy_2020- 21_attendance_and_enrollment_faq_remote_only.pdf

     

    II. Prioritize Funding to Implement & Maintain Mandated Safety/Health Protocols

     

    III. Apply for and Utilize Additional Resources and Funding Available

    A. CARES Act Stimulus Funding

    1. Elementary and Secondary School Emergency Relief (ESSER) Grant

    B. Personal Protective Equipment Allotment

    C. Coronavirus Relief Fund

    D. Federal Emergency Management Agency (FEMA)

    E. TEA Operation Connectivity

     

    IV. Ongoing Monitoring of Student Enrollment and Attendance for All Instructional Methods

    A. Checkpoint #1: PEIMS Snapshot Date October 30, 2020

    B. Checkpoint #2: End of 2nd Six Weeks: November 6, 2020

    C. Checkpoint #3: End of 3rd Six Weeks: December 18, 2020

     

    V. Implement Budget Cuts/Adjustments as Necessary if Projecting Loss of Revenue at Checkpoints

    A. DRAFT Recommendations for Budget Cuts/Adjustments:

    1. Restrict Out of District Travel

    2. 5% Reduction on Department Budget Allocations

    3. Hiring Freeze Protocol for Designated Positions

Financial Success
Financial Success