Trustees review purchasing‑co‑op fees, cash‑flow and bond reports; ask for continued revenue monitoring

Leander ISD finance staff presented routine compliance and financial reports during the board meeting. Pete (Speaker 21) told trustees that Texas Education Code 44.0331 requires disclosure of membership fees for purchasing cooperatives; the district belongs to three co‑ops with administrative fees including Central Texas Purchasing Alliance ($150 annual), Texas SmartBuy ($110 annual) and BuyBoard (no annual fee but an $800 vehicle purchase fee per purchase order).

Pete also reviewed cash‑flow for the first quarter of fiscal year 2026 (July–September), noting negative months in July and August — explained in part by payroll timing — followed by state payments in September. He emphasized the importance of fund balance management for debt‑service obligations and said the district typically receives the bulk of tax collections in December and January.

Trustees asked about downward trends in local/intermediate revenue sources and differences in expenditures compared with the prior year; staff said differences were largely attributable to timing and a reduction in staff from spring 2025, and agreed to continue monitoring revenue versus expenditures. Monthly investment reports and tax collection performance (99.28% for tax year 2024) were also included; trustees did not take action at the meeting.