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Alice ISD board approves new insurance coverage and budget amendments

August 11, 2025 | ALICE ISD, School Districts, Texas


This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

Alice ISD board approves new insurance coverage and budget amendments
Alice Independent School District's Board Meeting on August 11, 2025, yielded significant decisions impacting the district's financial management and operational readiness for the upcoming school year.

A key highlight was the approval of a 13% reduction in property insurance premiums, resulting in a savings of $106,288. This decision, made in collaboration with McGriff Insurance, was expedited to accommodate the agent's travel schedule, showcasing the board's commitment to efficient operations.

The board also addressed urgent facility needs, approving emergency procurement measures to remediate mold issues at Charlotte Elementary School before the school year begins. This proactive approach ensures a safe environment for students and staff, reflecting the district's priority on health and safety.

In financial matters, the board voted to continue its banking services with Foxbury Bank after a thorough evaluation of bids. Additionally, they approved a budget amendment to align expenditures with the previous year's budget, ensuring fiscal responsibility as they close out the year.

The meeting also included discussions on the upcoming compensation plan for the 2025-2026 school year, with motions to prepare for future salary adjustments. This forward-thinking strategy aims to streamline processes and ensure timely implementation of any approved raises.

Furthermore, the board approved a service agreement with an attorney for property value studies, which could potentially increase district funding based on property assessments. This agreement operates on a contingency basis, aligning the attorney's compensation with the district's financial gains.

Overall, the meeting underscored the Alice ISD Board's dedication to financial prudence, operational efficiency, and the well-being of its students and staff as they prepare for the new academic year.

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Scribe from Workplace AI
Scribe from Workplace AI