Get AI Briefings, Transcripts & Alerts on Local & National Government Meetings — Forever.
Lancaster ISD financial report: $8.85M in February receipts and $22.3M in bond savings since 2021
Loading...
Summary
District finance staff reported $8,854,308.22 in net tax payments for February, said the district saved $22,294,050 through bond refunding/refinancing since 2021, and noted capacity to call a $376 million bond election.
Dana Shaw Moseley presented Lancaster ISD’s February 2026 financial report, telling the board the district received $8,854,308.22 in net tax payments for the month. "The first report is the tax collection for February 2026. The total net payments to the entity for February is $8,854,308.22," Moseley said.
Moseley reviewed general fund revenues and expenditures, child nutrition income statements, debt service activity and the district’s investment accounts and reconciliations. She told trustees the district has saved $22,294,050 since 2021 through refunding and refinancing bonds, a saving she said enables the district to "go out and call a bond election in the with the capacity of 376,000,000."
Board members praised the finance department for healthy operations and noted the importance of stewardship as the district advances budgeting and potential bond planning. Moseley said more detailed bond and debt-service materials are available in the board packet for review.
No formal action on a bond election was taken at the meeting; the financial report was informational.
