Wylie ISD finance report: payroll, bond payments and bills reviewed; consent items advanced

Trustees reviewed routine bills and financial statements showing the district had a cash balance of about $24 million and continued to earn interest on Lone Star deposits at roughly 4.35% as of the February report.

At the meeting, finance updates highlighted several vendor payments and routine contracts. The board packet noted a one-day physical for bus drivers coordinated with Action Sports that cost $7,200 to cover 120 drivers, regular HVAC repairs performed by Cary Services for west campuses, quarterly infection-control spraying by Germ Blast, a music-instrument purchase (including a sousaphone and mallet station) and a TASB Inc. annual fee calculated from audited financials. The district’s monthly payroll for February was reported as just under $3,200,000, and the district made approximately $8.4 million in debt service payments out of its Lone Star debt service account during the reporting period.

The board reviewed revenue and expense rates for the fiscal year to date: revenues reported at roughly 64.49% of budget and expenditures at about 52.41% of budget at the time of the report. Food-service revenues were noted as improving after vending machines were added at the high school.

Board members moved through the consent agenda and routine approvals during the meeting; the available transcript indicates motions were made and seconded for consent items, but the transcript did not capture a detailed roll-call vote for each consent item in the excerpt provided.

The board was also told the bond statement showed total bond-related expenses and project expenditures as presented in the packet; the transcript includes a figure cited by staff but does not provide project-level line-item detail in the spoken record.

One finance staff member, Brittany Davis, was credited in the meeting materials for day-to-day cash management.