[{"_1":2,"_122":-5,"_123":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,86,98,110],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6191922,"mediaKeyId","4273207-3c5a81c6a4c652875fd16f3abf2a8cdb","parentId",4273207,"title","Board approves Veribank as CISD depository after staff recommendation","audioSeconds",304,"startMs",4140000,"endMs",4444000,"viewUrl","/Search/View?dp=1&key=4273207-3c5a81c6a4c652875fd16f3abf2a8cdb&start=4140&end=4444","thumbnailUrl","https://assets.pipeline.soar.com/4273207-3c5a81c6a4c652875fd16f3abf2a8cdb/thumbnail_4140000.jpg","articleUrl","/articles/6191922/CORSICANA/School-Districts/Texas/Board-approves-Veribank-as-CISD-depository-after-staff-recommendation","mediaUrl","https://secure.pipeline.soar.com/6191922-41391e168911888cac2440d23f867793/orig.mp4?Expires=1777773744&Signature=b6vIRaj8qHu4kSyZSiN3gthvqqUh2u4gH5RM8AslV1URjP7qjyCNIhmTF17kKXnTUhMvbvEHr2gkkZnEQcytN2rMgcdjbXBOm4Xi5R4Slr2uNTCC6JH56JLwe6BTXrAkeuXC5-7ahS9zdkpPZmrTdACGlbUFm3WQX4QGyVa1IaY~DydZ-6RLHHODnpRdj7YfsSwPMFVsY9Wy09AvzY3b8SAeNV1DbM2~86XxBAdS~bnt2ZILXso8N0NqwQwXYK73avWjUyKwdNQceZVzirPoOS0lUGn0IJ57UeWWZafF~0O2~TM8tPfW8rrVgklCqkt-LJ2rZviH7elxQnPqLSSt3Q__&Key-Pair-Id=KUT5TJCACFTXG","author","Corsicana ISD","date","2025-06-17T19:27:16Z","article","Corsicana ISD staff recommended Veribank as the district’s depository institution and the board approved the recommendation by voice vote at the June 16 meeting.

Staff said four banks responded to the district solicitation: First State, Veribank, Prosperity and Community National. The competitive review weighed factors such as automated services, funds availability, collateral, cost of services, interest rate and fraud prevention features.

Staff noted First State offered the highest nominal interest rate but required a $5 million minimum in the checking account or a $500 monthly fee, which the staff said the district does not maintain; staff said that fee would have negated the higher rate. Staff recommended Veribank based on a combination of interest rate, lack of fees and stronger fraud‑prevention tools. Veribank’s offer did not carry a minimum‑balance requirement, staff said.

A board member moved to approve Veribank as the district depository for Sept. 1, 2025, through Aug. 31, 2027; the motion was seconded, the board voted “Aye,” and the chair announced the motion carried. The meeting then moved to a closed session under a cited Texas Government Code provision.","mediaType","Video","parentTitle","CISD Board Meeting June 16, 2025","oneSentenceSummary","The Corsicana ISD board approved Veribank as the district’s bank depository for a two‑year contract following a staff recommendation comparing interest, fees and fraud prevention among four bidders; the approval was by voice vote at the June 16 meeting.","taxTitle","CORSICANA, School Districts, Texas","taxId",38523,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":44,"_47":80,"_49":81,"_51":82,"_53":83,"_55":56,"_57":58,"_59":84,"_61":62,"_63":64,"_65":85,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6191925,"Child Nutrition director reports 1.3 million meals served, pilot of breakfast in cafeteria and changes to a la carte and menu planning",621,3519000,"/Search/View?dp=1&key=4273207-3c5a81c6a4c652875fd16f3abf2a8cdb&start=3519&end=4140","https://assets.pipeline.soar.com/4273207-3c5a81c6a4c652875fd16f3abf2a8cdb/thumbnail_3519000.jpg","/articles/6191925/CORSICANA/School-Districts/Texas/Child-Nutrition-director-reports-13-million-meals-served-pilot-of-breakfast-in-cafeteria-and-changes-to-a-la-carte-and-menu-planning","https://secure.pipeline.soar.com/6191925-7e72cc0a5c04e9ad2e16d1b6838414fc/orig.mp4?Expires=1777773744&Signature=V53B8Tk3DYNLYwvuBWbVoV0hqxkTll2tOJHb7y~IF1gR0Rw6UqoLnNDsIxs0ZYsHiwd~No4NcN08wNhZp2ESReXWn15VL~PIYbPB1teyycZ2r0O4D~k3l-uLJ6i41jlFUGDXR4rM6a4k04HOoH9kzjvtpUh8awbzgTS6KOcYnJjUBdmAhL-ZJlo7MmSQotfQUnQ6bA2Eu-K7qy2UwpgOhYJ44~Yav~q3C-iP5q6plqMLP8~bUAETuH7xTCMeYQvrQctE8DMXMAFpmB3u~4-K3W6BKOW8xeYo9bNrrpeRFte9HrNPkKNSUdA0dYGdradITcNaMwK0e9XYVCfM2MKHAg__&Key-Pair-Id=KUT5TJCACFTXG","Kim Prowl, the district’s director of Child Nutrition, briefed the Corsicana ISD Board of Trustees on June 16 on meal counts, pricing, staff training and planned menu changes for the coming year.

Prowl reported the district served just over 1.3 million meals in 2024–25, with breakfast participation about 823,000 and lunch participation about 518,000. Student meals are free; staff breakfast and lunch prices are $2.50 and $4.25 respectively, and visitor and student visitor prices vary by campus level.

Child Nutrition piloted moving breakfast service to the cafeteria at most elementary campuses to reduce food waste that staff said occurred with classroom breakfast distribution. Prowl said the cafeteria pilot allowed the department to create “share stations” for unopened, approved items so other students can take items rather than discarding them; she said Navarro and Carroll piloted full transitions late in the year and Fannin ran a fourth‑grade trial because of limited space.

Prowl said a la carte sales — snack and extra‑entree purchases — are an important revenue source that funds equipment and upgrades. The department also plans to expand campus taste testing, increase visual nutrition signage, continue staff training including manager certification and adapt menus to be more culturally diverse. Prowl said the Texas Department of Agriculture is moving to ban food dyes in school foods and that vendors and the district will work over the next year to remove dyes from offered items.

At the high school, nutrition staff plan to move a variety of snack offerings to a bistro area to reduce congestion at main lunch lines while keeping reimbursable meal lines at the back of the serving area.

No action was required; the presentation was informational and intended to update the board before the new school year.","Corsicana ISD’s director of child nutrition told the board on June 16 that the district served about 1.3 million meals in 2024–25, piloted breakfast‑in‑the‑cafeteria at several elementaries to reduce waste, and plans menu changes including share tables and removal of food dyes over the next year.",{"_33":87,"_35":36,"_37":38,"_39":88,"_41":89,"_43":90,"_45":91,"_47":92,"_49":93,"_51":94,"_53":95,"_55":56,"_57":58,"_59":96,"_61":62,"_63":64,"_65":97,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6191928,"Collins Educational Fund reports $21.5M portfolio, CDs maturing and $200K–$250K annual oil‑and‑gas income",699,2601000,3300000,"/Search/View?dp=1&key=4273207-3c5a81c6a4c652875fd16f3abf2a8cdb&start=2601&end=3300","https://assets.pipeline.soar.com/4273207-3c5a81c6a4c652875fd16f3abf2a8cdb/thumbnail_2601000.jpg","/articles/6191928/CORSICANA/School-Districts/Texas/Collins-Educational-Fund-reports-215M-portfolio-CDs-maturing-and-200K250K-annual-oilandgas-income","https://secure.pipeline.soar.com/6191928-6585015218bec03a8ce6876ddb91cace/orig.mp4?Expires=1777773744&Signature=CdjBL6D3wfbPNsvQ19RrsSgPvRXZiqCYcw5A-J9Var1LTlLbW8S1egYziCiKbHhfXrEZbe3JSrhQ59zNDguxUSyKa3VgFNadMyHY9F9PwyYD7heU28QVFhWmTNa1rFL-jebW2D3vwUWY1WPiMv3Z3fSEv0szJePv4T-nhFWtXYw3LJn8hwCC4cx5BOI2VIU3QRAksffM-CRISDLFLA8U3rTfq6ki2-KDUucbw5K-5R6lmKiyw7nKNpBo~9xqAnbfOBxSuj3bnNm7L3XB45sUYOLwPALFgt7or4Bhlof5hJTA1vrj4djz6wm2907vLI7UtUXYh2kuUNhfxsVmmNwFuw__&Key-Pair-Id=KUT5TJCACFTXG","Representatives for the Collins Educational Fund briefed the Corsicana ISD Board of Trustees on June 16 about portfolio performance, scholarship distributions and the fund’s oil‑and‑gas income.

Fund advisors reported a market value of about $21.5 million as of May 31 and said the one‑year return was roughly 8.34 percent with a five‑year annualized return near 8.31 percent. Advisors said capital appreciation in large‑cap equities and strong fixed‑income performance contributed to the gains. The portfolio allocation was described as a balanced growth‑and‑income mix with equities and fixed income each comprising roughly 43% of assets.

Advisors told the board the fund’s oil‑and‑gas mineral interest income has averaged roughly $200,000–$250,000 in most years outside a five‑year spike tied to Eagle Ford production. The fund’s advisors said the account uses a portion of mineral income to reinvest in the endowment (the transcript refers to transferring about 28% to investments) and to pay scholarships; they reported about $2.7 million to $2.9 million paid out in scholarships over the last five years.

Advisors said five certificates of deposit (CDs) purchased last year are maturing in July and that the maturing CDs produced an additional $32,000 in income compared with money market instruments over the prior year. One advisor said CDs maturing this month include roughly $606,100 in income cash that the board may want to designate for scholarships rather than automatically reinvest. The advisors recommended staying short‑term (around 12 months) on any reinvestment to preserve liquidity for scholarships, and noted current one‑year CD rates near 4.2–4.3 percent compared with prior higher rates.

No formal board action on CD reinvestment or scholarship spending was taken at the June 16 meeting; advisors asked the board to advise whether to reinvest income cash or allocate it for scholarship use.","Advisors for the Collins Educational Fund told the Corsicana ISD board the fund’s market value rose to about $21.5 million with one‑year returns near 8.3 percent, noted $1.2 million of five‑year oil and gas income, and asked the board whether income CDs maturing in July should be reinvested or earmarked for scholarships.",{"_33":99,"_35":36,"_37":38,"_39":100,"_41":101,"_43":102,"_45":103,"_47":104,"_49":105,"_51":106,"_53":107,"_55":56,"_57":58,"_59":108,"_61":62,"_63":64,"_65":109,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6191933,"Corsicana ISD reports preliminary fiscal outlook: teacher raises funded but projected shortfall remains",693,1647000,2340000,"/Search/View?dp=1&key=4273207-3c5a81c6a4c652875fd16f3abf2a8cdb&start=1647&end=2340","https://assets.pipeline.soar.com/4273207-3c5a81c6a4c652875fd16f3abf2a8cdb/thumbnail_1647000.jpg","/articles/6191933/CORSICANA/School-Districts/Texas/Corsicana-ISD-reports-preliminary-fiscal-outlook-teacher-raises-funded-but-projected-shortfall-remains","https://secure.pipeline.soar.com/6191933-941ef703d3034f678971c0ab242e24a3/orig.mp4?Expires=1777773744&Signature=JFH7qrQUTi2Y8u3ReBa4RxaAtz1-9IDxM~HKeFAfJTc6CP2rMbBl2GZME42mIRhxSO5Dr3S~0NkrTNGUPn75aTfAHXd39T95v-GpWDoPwYTyIEmY8FktorR0Ap1lXgID1xIzy1zh5neyvue5-ow~lQXbDF3wFRlBBJ1aCfiqoOK-6m~RZ0HgsiXeVa2ndgXfWSuejVyFx5DU2G6-D4NOaHVehLiQMBpwLpsRPXpL6okWpyZGBVEbWp7f~M3WaYFeOy4Q4pr~75ICNLjbNaPwTEotLuG9kBxL7WptgMN92~pNa0Nj7IWHgHYtboINM8OoF73KWxnWcBzHRA2NGTP3-w__&Key-Pair-Id=KUT5TJCACFTXG","District finance staff gave a quarterly fiscal update to the Corsicana ISD Board of Trustees on June 16, reporting that through May the district had spent about 70% of its fiscal year budget and that investment earnings were higher than budgeted.

The staff briefed the board on how recently passed state legislation (referred to in the presentation as House Bill 2) affects local revenue and mandatory raises. Staff said the law provides teacher pay increases: $2,500 for teachers with three to four years’ experience and $5,000 for those with five or more years. The district also expects a $45 per adjusted‑ADA allotment for support staff that the presentation estimated would total about $240,000 in additional revenue.

Finance staff provided a preliminary revenue projection showing the district could receive roughly $2.1 million to $2.3 million in additional state revenue tied to HB2’s changes to the Foundation School Program. But staff said that about $1.4 million of that projected increase is already earmarked for the required teacher raises, leaving about $600,000–$900,000 for other needs and support‑staff raises. After accounting for projected expenses and raises, staff estimated a preliminary budget deficit between about $3.3 million and $3.49 million under current assumptions.

The presenter described the projections as preliminary and said projections could change as TEA issues additional guidance and as revenue scenarios are updated. The staff also flagged that districts across Texas are seeing reductions in SHARS (Medicaid reimbursement) and that local expenses such as utilities and salary steps are rising. The presentation noted the district contributes $399 per employee toward health insurance and said the district’s insurance premiums had just increased by $63 per staff member.

Finance staff emphasized there is time to revisit budget lines and that revenue scenarios will be updated; they also said some expense assumptions came from external templates and consulting scenarios, which produced similar but not identical estimates.

No formal budget adoption or amendment was voted on during the June 16 meeting; the presentation was informational and intended to guide upcoming budget work.","District finance staff told the board on June 16 that new state teacher raises established by HB2 are largely funded but that the district faces a preliminary deficit of roughly $3.3–$3.5 million for the coming year once raises and other costs are included.",{"_33":111,"_35":36,"_37":38,"_39":112,"_41":113,"_43":114,"_45":115,"_47":116,"_49":117,"_51":118,"_53":119,"_55":56,"_57":58,"_59":120,"_61":62,"_63":64,"_65":121,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6191937,"Corsicana ISD facility committee recommends $205 million bond to renovate schools, expand CTE and early childhood",506,190000,696000,"/Search/View?dp=1&key=4273207-3c5a81c6a4c652875fd16f3abf2a8cdb&start=190&end=696","https://assets.pipeline.soar.com/4273207-3c5a81c6a4c652875fd16f3abf2a8cdb/thumbnail_190000.jpg","/articles/6191937/CORSICANA/School-Districts/Texas/Corsicana-ISD-facility-committee-recommends-205-million-bond-to-renovate-schools-expand-CTE-and-early-childhood","https://secure.pipeline.soar.com/6191937-431f72ab8eca01b0aec621c2d065b988/orig.mp4?Expires=1777773744&Signature=BpDPmm7N--yCHa9hXuhOoYI9e5PYFF6b8t~zB-yO1vPeVizJUOAxeMPd1YY1XFbq9P02jqmnvFofEi9jVwB-hwWQ02Rs31-PLMb~GV7wo1fcyidCJtmTo8Hf1wqwbQRfPAvK-1~xDKIUc6a2H0-M60ZNmy~E93~kKP3CdQjz7hI8g4ZkJ3JNtF23HwI9kE-7QGfKpppFm5HZS34PQEVwY42vqDvHEuy7DgoIO~Tv8YGQUghntScllFep8LV6iUej6vKleT4QaUsMQYWNiBQNgnO~t8WapKH6ICtKwQSGN0gw77QcoGZ3uwH2xBfxAwvUx14HQciNskRiFuk2fB-wog__&Key-Pair-Id=KUT5TJCACFTXG","A citizens’ facilities committee presented a $205 million bond proposal to the Corsicana ISD Board of Trustees on June 16 that would fund campus repairs, a new early childhood center, career and technical education (CTE) additions, high school cafeteria and restroom expansions, a new agricultural facility and transportation and security improvements.

The committee’s lead presenter said the package “has a 30¢ tax impact,” and described projects meant to address aging classrooms, HVAC and roof repairs, failing plumbing, foundation damage at some elementary schools and crowded CTE spaces at the high school. The proposal would pay for a new early childhood center that the committee said could serve up to about 800 three‑year‑olds, pre‑K and kindergarten students, and would relieve crowding at Carroll Elementary and other campuses.

The committee emphasized that the bond was created from a facilities assessment, community survey and work with an architecture firm retained by the district. “We went over needs and wants and priorities of Corsicana ISD,” Jordan Harrelson said, describing the committee as parents, educators and community members who compiled priorities after site visits and public feedback. Harrelson, representing the facilities committee, noted specific examples from campus assessments, including foundation separation at Bowie Elementary, repeated flooding at the transportation facility and plumbing problems at Corsicana High School restrooms.

Real‑estate appraiser Andy Williams gave the tax impact outlook. Williams said the 30.24‑cent increase would apply to the district’s interest and sinking (I&S) tax rate only and would not fund daily operations. Using a hypothetical $300,000 home value, Williams said the bond would raise about $483 per year — “$40 a month. That’s a dollar 32 out of your pocket every day,” he said — and reiterated that the proposed increase would not affect maintenance and operations funding.

The committee described the bond package as a compromise between a full new high school and addressing urgent needs across older campuses. The presenters said the package would extend the useful life of the Corsicana High School by roughly 20 to 25 years through targeted renovations rather than full replacement. Committee members also listed top priorities from the community survey and assessment: high school bathroom renovations, Bowie restroom upgrades, a CTE addition, cafeteria expansion, elementary improvements, a new agricultural facility, an early childhood center, Collins Intermediate upgrades and new buses.

Committee presenters and board members discussed that project locations, phasing and exact site decisions remain to be determined, and that additional public outreach will continue. The committee said the district intends to return to the board in August with further bond details.

If the board places a bond election on the ballot and voters approve it, the district would receive authority to issue bonds in line with the package; no final site or construction contracts were approved at the June 16 meeting.

The board did not take any formal vote on the bond package during the June 16 meeting; presenters said board members would reconvene in August to consider next steps.","A citizen facilities committee presented a $205 million bond package to the Corsicana ISD board on June 16 proposing renovations across campuses, a new early childhood center, career and technical education expansion and security and transportation upgrades; presenters said the bond would carry a 30.24-cent increase for interest and sinking only.","actionData","errors"]

Article not found

Board approves Veribank as CISD depository after staff recommendation

Child Nutrition director reports 1.3 million meals served, pilot of breakfast in cafeteria and changes to a la carte and menu planning

Collins Educational Fund reports $21.5M portfolio, CDs maturing and $200K–$250K annual oil‑and‑gas income

Corsicana ISD reports preliminary fiscal outlook: teacher raises funded but projected shortfall remains

Corsicana ISD facility committee recommends $205 million bond to renovate schools, expand CTE and early childhood