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GUNTER ISD reports nearly $29 million in cash and investments; general fund close to budget
Summary
District finance staff reported total cash and investment balances of $28,981,104.28 and year-to-date general fund revenues of $11,295,560 with expenditures of $10,282,390 as of April 30. Staff said most accounts are on track to meet the adopted budget.
At the May meeting, district finance staff reviewed the monthly financial report and account balances across operating, sinking and construction funds. The presenter broke down individual account balances and stated the district’s total across all accounts was $28,981,104.28.
"The Lamar general operating checking account ended, April 30 with $1,047,342.03," the presenter said while listing account balances. He also reported that TexStar and other bond-related accounts held multi-million dollar balances and that the ending value for all investment accounts as of 04/30/2025 was $27,519,955.81. Year-to-date general fund revenues were reported at $11,295,560 with expenditures of $10,282,390.
Board members asked no substantive follow-up questions during the presentation and thanked the presenter for the report. The financial summary was accepted as part of the meeting record; no budget adoption or amendment occurred at this session.
