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WISD reports $23.8M in cash and investments; Q4 interest earnings nearly $1M
Summary
CFO Michael Doyle told trustees the district had $23.8 million in total cash and investments and a General Fund balance equal to 3.24 months of operations; the Q4 investment report showed $994,322 in interest for the quarter and $1.8M for the fiscal year with an effective return of 4.26%.
CFO Michael Doyle presented the August 2025 Monthly Financial Report to the Board of Trustees on Sept. 15, reporting total cash and investments of $23.8 million and a General Fund balance equal to 3.24 months of operations. He also presented the Q4 Investment Report for the period ending Aug. 31, 2025, noting the district earned $994,322 in interest for the quarter and $1.8 million for the fiscal year, with an effective rate of return of 4.26%.
Doyle described the district's investment posture as a laddered approach balancing yield and liquidity. Trustees received the reports; no budget amendments or reallocations were adopted at the meeting. The board will continue regular quarterly investment and financial reporting as part of standard fiscal oversight.
