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San Angelo ISD reports robust finances, comptroller says district earned a perfect FIRST score
Summary
The district’s finance presentation showed strong fund balances and investments; Comptroller Jaime Guerrero reported a perfect Financial Integrity Rating System of Texas score of 100 and described required public disclosures.
The San Angelo Independent School District finance team reported robust balances and investment returns as trustees reviewed monthly finance and audit materials and a public FIRST rating presentation.
At the start of the business section, a finance presenter summarized key balances: an unassigned fund balance of $52,247,252 and a committed fund balance of $4,892,209, of which about $4,000,000 is earmarked for capital projects. The presenter reported total invested funds of $474,518,771; October interest earnings of $1,703,728 (with $234,937 credited to the general fund); and reported tax-collection percentages roughly in line with…
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