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HEB ISD finance report: general fund healthy; bond fund activity rising after large construction draw
Summary
CFO-level staff reported a general fund balance of about $216.1 million and expenditures below seasonal expectations; the district noted a large bond check for construction and continued interest income, while routine funds like child nutrition and special revenue funds performed within expected ranges.
At the board meeting, district finance staff reviewed financial statements for the month ending May 31, 2025, reporting overall fund balances and standard seasonal patterns in expenditures.
The staff member presenting the report said the general fund had a fund balance of approximately $216,135,402 and that year-to-date expenditures were about 68.19% of budget, below the…
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