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San Angelo ISD reports $11.7M committed fund balance and steady tax collections; POs include firewall, band instruments and bus purchases
Summary
Board reviewed March financial reports showing a committed fund balance of $11,699,987 (about $8 million reserved for construction), unassigned balance near $53 million, investment earnings up to $322,000 in March, and large POs for firewall, SRO contract, band instruments and bus purchases.
San Angelo Independent School District staff reviewed the March financial reports and purchases during the board’s April 21 pre-agenda meeting, describing the district’s committed and unassigned fund balances, investment earnings and a list of purchase orders above $20,000.
The summary matters because fund balance levels, investment earnings and large vendor purchases influence the district’s…
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