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BISD board approves financial reports, extends bank contract and awards portable-building contract; consultant RFP tabled for further review
Summary
Trustees received district financial and investment reports, approved extending the depository contract with Lone Star National Bank (third extension) and awarded a portable-building relocation contract; a large annual consultants/contractors request-for-proposal was tabled so trustees could review vendor line-item details.
The Brownsville Independent School District board on May 6 reviewed financial reports through April and March and approved several procurement and banking items, including a bank-contract extension and an award for portable-building relocation services. Trustees also tabled a districtwide consultants-and-contractors request for additional vendor detail.
Finance: Mary Garza presented the general-fund figures through April: general-fund revenues of $347.5 million and expenditures of $414.6 million, a $67.0 million shortfall for the fiscal period cited. Special-revenue and federal funds and self-insurance fund positions were also presented;…
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