Midway ISD has started its annual budget process to plan how funds will be allocated for the upcoming school year. This process ensures the district can support students, staff, and operations while maintaining financial responsibility.
Planning began in January, with district leaders reviewing enrollment, staffing needs, and expenses.
“This is a critical time in the budget process where we analyze our financial outlook and make key recommendations that will directly impact our schools and staff,” said Wesley Brooks, Assistant Superintendent of Finance. “Our goal is to ensure we are making sound financial decisions while keeping the needs of students at the forefront.”
By late March, the district will finalize initial budget recommendations, including staffing and compensation. These plans will be presented to the Board of Trustees at their regular April board meeting, allowing for feedback, revisions and approval of the 2025-26 compensation plan.
After reviewing board input and updated property tax values in late April, the district will prepare a revised budget for a May 20, 2025, budget workshop. Final adjustments will be made before the board adopts the official budget in June.
“We take a conservative approach to financial planning to ensure we are being good stewards of taxpayer dollars,” Brooks added. “By carefully aligning our budget with our priorities, we can continue providing a high-quality education while maintaining financial stability.”
A separate step, setting the tax rate, will take place in August. Legislative statute largely determines the District’s tax rate. The rate is set to be adopted at the August 19th Board meeting after certified values are received from the appraisal district in late July.
For more information, visit our Financial Transparency page on our website.
