Concerned about enrollment, La Joya ISD may declare financial emergency
Faced with declining enrollment, the La Joya Independent School District may declare a financial emergency.
During a school board meeting on Wednesday afternoon, Trustee Roberto Zamora recommended that La Joya ISD declare “financial exigency” — a financial emergency — and create a plan to address the problem.
“It’s a sensitive issue,” said Zamora, a widely respected former superintendent who joined the board on June 8. “But at what point in time do we talk about it?”
Financial exigency occurs when the “financial position of the District as a whole is such that the financial resources of the District are insufficient to support existing academic programs or the District is unable to finance the full compensation of staff for the current or succeeding fiscal year,” according to a standard policy reviewed …
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