By Andrea Lucia, CBS 11 News

DALLAS (CBSDFW.COM) – More than a thousand Dallas Independent School District employees are expected to lose their jobs in the district’s latest budget proposal.

The district revealed today it is prepared to declare ‘financial exigency’, which would allow it to break teacher contracts for the next school year.

274 teachers would be included in the remaining layoffs, which would total 1,091 in all.  The proposal projects the district will have to cut $120 million dollars from its budget, a number that could change, when state lawmakers eventually pass a school finance bill.

“We’re at the point where we have to guess, and guess a number,” said Superintendent Michael Hinojosa.

Hinojosa said the district will move forward with today’s budget proposal, allowing school principals to plan with staffing and scheduling for next school year.

The budget would eliminate full day pre-K, leaving only half-day programs.  It increases classrooms sizes in secondary schools to 27 students per teacher, up from 25 students per teacher.  It would also slash campus security budget by 21 percent.

One budget item that would get more money is legal fees.  The district is almost doubling the budge there to $8 million because of all the grievances it expects will be filed.