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Wylie ISD finance report: payroll, bond spending and cash balances show continued construction activity
Summary
District finance staff reported May payroll, bond spending and cash balances; bond expenditures and utility-savings from an LED project were highlighted, and trustees approved payment of bills.
District finance staff presented the monthly financial reports showing payroll, bond expenditures and cash balances and answered trustees’ questions on projects and cash flow.
The staff report said May payroll was a little over $3.1 million and that the district spent just under $3.7 million on bond-related activity in May. Staff read the bond figures into the record: the bond fund began with about $186,000,000 prior to May, was at…
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