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Boerne ISD approves budget amendment recognizing TRS on‑behalf contribution; February donations and tax collections reported
Summary
Trustees approved a general‑fund amendment that recognizes roughly $500,000 in TRS 'on behalf' revenue/expenditures with no net fund balance effect; the district reported $9,000 in donations for February (including $5,000 from Fiber Precast) and tax collections of $108.5 million (94.92% of the 2025 levy).
The Boerne ISD Board of Trustees approved a budget amendment and accepted reports on donations and tax collections at the March 23 meeting.
Finance staff told the board the amendment includes recognition of the state’s teacher retirement system (TRS) contribution made 'on behalf' of employees—recorded as both revenue and an offsetting expenditure—totaling…
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