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Gunter ISD reports $30.7 million across funds, construction bond balances top $20.8 million
Summary
District finance staff reported total district account balances of $30,720,909.01, with construction/bond funds totaling $20,889,150.74; year-to-date general fund revenue and expenditure pacing was also reviewed.
District finance staff presented the monthly financial report showing a combined balance across the district's accounts of $30,720,909.01 and detailed balances in general, interest-and-sinking and bond/construction funds.
"For a total amount of all of the accounts, $30,720,909.01," Miss Greer said while reviewing the statement of net position by fund and the construction fund balances. She reported general-fund investment accounts at $5,000,146.17, interest-and-sinking accounts combined at $4,685,662.07, and construction/bond funds totaling $20,889,150.74, with the 2023 bond account holding approximately $13,000,040.18 in one Lamar account and $7,129,142.62 in the TexStar 2023 bond account.
Miss Greer also summarized year-to-date collections and pacing: local property-tax collections for the general fund were reported at $7,202,670 (about 99.56% of budgeted expectations), general-fund revenues year-to-date of $2,605,329 (79.46% of budget), and year-to-date expenditures of $8,840,973 (roughly 69–70% of the 10-month budget cycle as of March 2025).
Board members asked questions about timing for audits and the budget calendar; the superintendent and finance staff noted state payments and the upcoming budget workshops that will affect final revenue projections and budgeting decisions.
