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WYLIE ISD board approves payment of bills; district reports December revenues and bond balances
Summary
The board approved a motion to pay bills by voice vote and heard financial updates: December payroll exceeded $3.1 million, cash balances were reported just under $32 million, Lonestar investments yielded about 4.54%, and bond accounts showed interest earned and recent pay applications.
The WYLIE ISD Board of Trustees approved payment of the district’s bills during the meeting; a member moved to pay the bills, a second followed and the board approved by voice vote ("Aye").
The approval came after business-office staff reviewed routine monthly financial statements. Staff reported December payroll exceeded $3,100,000 and showed a district cash balance “barely under $32,000,000.” The district also reported receiving a little more than $11,000,000 in current-year tax revenue in December.
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