Lancaster ISD finance staff presents June 2025 report; tax collections and top revenue drivers explained

At the board meeting, Dana Shaw Moseley presented Lancaster ISD’s June 2025 financial report, including tax collections, general fund revenues and expenditures, child nutrition revenue, and investment portfolio reconciliation.

Moseley summarized the district’s revenue drivers, calling out state formula funding and local tax collections among the top sources. She reported a net tax deposit after refunds and transfers of $70,247.67 for the period presented. The general fund income statement was included with year-to-date revenues and expenditures as of June 30, 2025.

Key points from the finance presentation: - County tax collections and state formula funding were listed as top revenue drivers; one slide cited approximately $45,000,000 in state formula funding in the period referenced. - Net tax receipts after refunds/transfers were reported as $70,247.67. - Child nutrition revenue collections were reported at about $4,400,000; child nutrition expenditures largely go to third‑party vendors (district named a new vendor, Southwest Food Service). - Debt service collections/support were described as funding bond payments; investment pools (Lone Star and Tax Pool) hold general fund, debt service, capital projects and child nutrition funds for interest earnings.

Board members thanked staff for the presentation; no formal action was required on the June report at this meeting.

Ending Staff said the full June financial report was uploaded to the district’s diligence materials and will be the basis for routine monitoring and upcoming budget work.