Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Del Valle ISD finance update: healthy cash position and pending budget amendment tied to HB2 coding changes
Summary
CFO Dina Edgar reported a 4.28% weighted average portfolio yield, roughly $1M interest in September ($3M YTD) and $162K tax collections in September; a technical general‑fund amendment will realign payroll coding because of House Bill 2-related formula adjustments and is scheduled for board action Nov. 18.
Del Valle ISD’s finance director told the board the district’s September financials show a stable position and that staff will present a budget amendment later this month to realign coding affected by House Bill 2.
Dina Edgar summarized the month ending Sept. 30: a portfolio weighted average yield of 4.28 percent, nearly $1 million earned in interest in September and roughly…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
