In this study, 79 local school district leaders from the state of Texas were contacted and asked for their input relating to strategic practices used during an economic downturn. Findings describe how the recent funding cuts affected the varied districts; how the districts fared in comparison with similar districts in the area; steps the district took before and after budget cuts were mandated to ameliorate the financial situation; and strategies/procedures they wished the district had undertaken. Generally, leaders expressed pleasure in the way the downturn had been addressed by policies/strategies/personnel within their own district. The study offers helpful and interesting information to educational leaders who are faced with difficult economic circumstances.