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Katy ISD reviews December financials and several budget amendments; Rotary requests return of scholarship funds
Summary
CFO and budget staff presented December financial statements showing expenditures around 31.5% year-to-date, proposed functional budget amendments with no impact on general fund balance, and staff said Katy Rotary asked the district to return a legacy scholarship endowment so the Rotary can resume awarding dual-credit scholarships.
Assistant Superintendent Jamie Hines reviewed the district's December financial statements, construction and tax reports at the Feb. 17 work-study meeting, noting overall year-to-date expenditures at about 31.5% (slightly under the one-third benchmark) and highlighting a few functions above the month-to-date norm (social work, transportation, and data processing). Hines pointed out capital-authorizations from 2021 and 2023…
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