Uvalde CISD board uncommits $4 million in maintenance tax-note proceeds to pay Schneider Electric

The Uvalde Consolidated Independent School District board approved a resolution to uncommit $4,000,000 of maintenance tax-note proceeds from committed fund balance so the district may begin paying Schneider Electric for previously approved capital projects.

Superintendent Colas told trustees the district had earlier committed $4,000,000 of maintenance tax-note proceeds for specific capital purposes — lighting upgrades, mechanical replacements and electrical equipment updates — and administration will prepare accounting entries to redirect the funds so payments to Schneider Electric can proceed under the existing contract.

Trustees asked whether the district would show the expenditures under a separate code so the balance would be visible; Colas confirmed the funds "will go under its own code so that we can see the balance decreasing." Trustees and administration discussed the district’s audited fund-balance figure (about $11,363,000 including the committed $4,000,000) and estimated an adjusted fund balance near $7.3 million after the uncommitment. Trustees moved and approved the resolution.

The motion to uncommit the $4,000,000 was made by a trustee and seconded; the board recorded the motion as carrying. The administration said the uncommitment is needed to begin paying Schneider Electric as previously intended under the district’s contract.