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Board to consider bank signatory changes and HeadStart account type change
Summary
Agenda lists a proposal to remove Justin Cowart and add Brad Moughon as signatory on multiple City National Bank accounts (account numbers listed) and to change the HeadStart account #200980 from an interest‑bearing money market to a non‑interest business account.
The Aug. 12 agenda asks the board to consider removing Justin Cowart from all City National Bank accounts held in the name of the Sulphur Springs Independent School District and to add Brad Moughon in his place. The accounts are enumerated in the agenda: Debt Service (200147), General Fund (200162), Payroll Clearing (200444), Finance Clearing (200451), Maintenance and Construction (200469), Worker’s Compensation (200881), HeadStart (200980), Athletic Credit Card (3119955), Bond Projects (3594728).
The agenda separately requests approval to change the HeadStart account #200980 from an interest‑bearing money market account to a non‑interest‑bearing business account. Both items are listed under Sherry McGraw and require board action to become effective.
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