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Royal ISD board designates superintendent and interim CFO as authorized signers and investment officers
Summary
The board approved a package of financial-authority changes: naming Megan Pape (Superintendent) and Kim Bishop (Interim CFO) as authorized bank signers, investment officers, and authorized representatives for TexPool/TexasClass/TexSTAR/LOGIC, and as administrators on district financial accounts; all motions passed unanimously.
At the Jan. 12 meeting Royal ISD trustees approved multiple financial-authority updates. Trustee Melissa Woods moved to add Megan Pape (Superintendent) and Kim Bishop (Interim CFO) as authorized signers on district bank accounts, as the district's investment officers, and as authorized representatives for TexPool, TexasClass, TexSTAR and LOGIC; Trustee Jimmy Meader seconded the motions and each passed with all trustees recorded as voting "Yea."
Minutes show the board also approved removing Gladys Hein, Theresa Worthy, Hector Herrera and Rick Kershner from the listed authorized signers and representatives. The motions change who may sign checks, manage investment accounts and administer district financial accounts including credit cards.
