‘I think it’s a bit tragic:’ Cy-Fair ISD anticipates $38 million budget loss for 2024-2025 school year

Cy-Fair ISD’s chief financial officer announced they’re preparing to see a $38 million deficit for the upcoming school year. Karen Smith, during a board meeting, said the reason for the loss is due to end of the ‘Elementary and Secondary School Emergency Relief Fund’ (ESSER) a COVID-era federal dollars and lack of additional state funding.