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The Socorro Independent School District is in a deep financial hole and under the conservatorship of the Texas Education Agency.
In November they had to take out a $25.1 million loan to make payroll, and now we learn they must lay off about 300 teachers and staff to help shave $38 million from next year’s budget.
But hey, at least they have a brand new $58.9 million stadium for their losing team! (The Bulldogs have not had a winning season in 23 years and are currently 0-6 in their District).
The SISD Board of Trustees and administration should be deeply embarrassed by their financial malfeasance and some should probably face criminal prosecution, but don’t hold your breath!
PHOTO CREDIT: KFOX14
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