Laredo ISD reports $23.1M in October disbursements; unaudited statements show payroll‑driven expenditure rise
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Summary
Administration reported October disbursements of $23.1M (about $16.1M payroll; $6.9M goods/services), revenues of $67.1M YTD and expenditures up 5% year over year largely due to payroll and raises; construction bond spend rates were also highlighted.
Miss Villareala presented the district’s monthly disbursements and unaudited financial highlights for October 2025, reporting $23.1 million in payments for the month: approximately $16.1 million for payroll and related costs and $6.9 million for goods and services. She told trustees that the district had recorded roughly $67.1 million in revenues through Oct. 31, about $2.1 million more than the same period last year.
Villareala said total expenditures year to date were about $71.5 million — a 5% increase from the prior year driven largely by payroll increases tied to recent raises. General‑fund revenues were at approximately 30.15% of budget while expenditures were at about 32.15% of budget with time elapsed at roughly 33%.
On capital projects, staff reported high utilization of bond proceeds: the 2018 bond expenditure rate was reported at 98.76% and the 2022 bond at 82.22%. Trustees asked about the procedure for recording donations; staff confirmed donors fill a standard form submitted to the finance office.
No formal vote was recorded on the monthly disbursements during the committee presentation; administration offered to provide additional detail if trustees had follow‑ups.