Wichita Falls ISD board approves July financial report and 2025–26 budget amendments

The Wichita Falls Independent School District Board of Trustees on Tuesday approved the district's July 31 financial report and voted to adopt amendments to the 2025'26 budgets, each by a 7'0'0'00 vote.

District staff presented year-to-date revenue and investment information covering the first month of operations (1 month, 8.33% of the fiscal year). A staff presenter told trustees that general fund revenues and expenditures were roughly in line with expectations when compared with the same point last year. After brief questions from trustees, a motion to approve the July 31 financial report passed 7'0'0'00.

The board then considered administrative recommendations to approve budget amendments that move funds between functions and adjust legally adopted budget totals. The superintendent's office submitted the amendments and said transfers and increases or decreases to the legally adopted budget require board approval. Trustees approved the recommended amendments by the same 7'0'0'00 margin.

Why it matters: Board approval of monthly financial reports and budget amendments is required for transparency and legal compliance; amendments change how the district can spend or commit funds and are recorded in the adopted 2025'26 budget.

Supporting details: Trustees asked whether there had been changes to the investment report since the last meeting; staff answered there had not. The meeting record shows the district previously approved investment policies in June. Trustees did not request additional fiscal analysis at the session.

What's next: The approved budget amendments will be incorporated into the district's adopted 2025'26 budget documents and reflected in future financial reports.