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Perryton ISD reports $23 million invested for construction; attendance shortfall reduces revenue
2622505 · January 13, 2025
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Summary
CFO Miss Perez told the board the district has about $23 million invested for construction projects and is earning CD interest; the district's current average daily attendance funding rate is about $16.83 versus a budgeted $17.50, producing roughly a $400,000 shortfall versus full budgeted revenue.
Perryton ISD Chief Financial Officer Miss Perez told the board the district is holding about $23 million in investments earmarked for construction projects and is realizing certificate-of-deposit interest on those funds.
Perez said the district is “about 75% of our CD…
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