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Board approves budget amendment, fund‑balance assignment and early‑resignation incentive plan
Summary
Trustees approved budget amendment 199‑1, committed General Fund balance for fiscal year end 2025, and adopted an Early Resignation Incentive Plan for 2025–26 in a series of unanimous votes on Sept. 8.
At its Sept. 8 meeting, the Seminole ISD Board of Trustees approved several fiscal items: budget amendment 199‑1, a motion to commit the General Fund’s fund balance for fiscal year end 2025, and an Early Resignation Incentive Plan for 2025–26. Each motion passed by a 6–0 vote.
Trustee Terrie Dickson moved (seconded by Herman Peters) approval of budget amendment 199‑1. Trustees later approved assignment of the committed fund balance and adopted an incentive plan intended to encourage early resignations for the 2025–26 year; Lance Wright moved the incentive-plan approval and Terrie Dickson seconded. The minutes do not include line‑item detail for amendment 199‑1, the dollar amounts allocated from fund balance, or the specific terms of the incentive plan; those details will be handled administratively and, if required by policy or statute, reported in subsequent finance documents.
