Clear Creek ISD is facing a financial shortfall of over $20.1 million for FY 2026-27, according to a presentation given at the board of trustees’ June 22 meeting. The district is looking to use its fund balance as well as capital and contingency funds to cover the shortfall.
Background
The district has been experiencing budget challenges, including rising fuel and insurance costs and difficulty recruiting and retaining staff. Revenue has also declined, including state funding tied to homestead tax limitations for elderly or disabled residents, which has fallen from $7.8 million in 2023-24 to $2.7 million in 2025-26.
The district must make a decision whether to order a voter-approval tax rate election, or VATRE, by Aug. 17. The district is waiting for appraisal values from the central appraisal district, which are expected by July 25, and an updated demographic report.
Original reporting: Community Impact — Houston — read the source article.