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Pflugerville ISD reports lower tax collections, accelerates school-nutrition spending
Summary
The district reported May finances showing lower tax collections and an intentional drawdown of the school nutrition fund. Staff asked the board to approve a ~$450,000 general-fund amendment and a $1.9 million increase in food-service expenditures tied to capital purchases including cafeteria tables and kitchen equipment.
Ms. Land presented Pflugerville ISD's financial report for May at the board's June 20 meeting, saying the district is about 75% through its fiscal year and ‘‘in May, we have received about $2,700,000 in revenue.’’ She told trustees local revenue this month was driven by interest income and that tax collections are running slightly below last year's pace.
On expenditures, Land said the district is at roughly 70% of budget compared with 75% of the year elapsed. She outlined a third-quarter general fund amendment that would increase the budget by about $450,000, chiefly to reflect higher special-education and alternative-certification costs tied to reimbursements from TEA.
Land also described an intentional deficit in the school nutrition fund: May showed about $1.5 million in food-service revenue versus $1.8 million in expenses, and staff proposed accelerating capital purchases to draw down the fund balance. She listed three large food-service capital requests included in the consent/PO items: an additional $26,000 for a mixer at Pflugerville High School, $175,000 for warming cabinets, and a $1.7 million purchase of cafeteria tables. Land said the district plans to expand capital expenditures to increase the deficit in the nutrition fund to about $3.8 million while remaining within restrictions on fund balance use.
Land touched on bond balances: roughly $440,000 remaining on the 2008 bond, about $16.3 million remaining on the 2018 bond, and smaller remaining balances on the 2022 bond with significant interest earnings reported. Trustees asked follow-up questions on ADA/enrollment estimates and the Teacher Incentive Allotment; staff said identified teachers increased from about 90 to 416 and that finalized ADA/enrollment figures will be incorporated into next year's budget work.
The consent agenda containing the budget amendments was approved 6-0.
