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Royse City ISD presents child nutrition spend‑down plan; debt service contingent on potential homestead exemption vote
Summary
Child nutrition staff described an anticipated spend‑down for 2024–25, equipment upgrades and refrigeration monitoring; debt service projections will be amended if SB4 passes and the constitutional amendment is approved by voters.
The district’s child nutrition presenter reviewed a planned spend‑down of program fund balance for equipment replacement and one‑time needs, and noted the department’s installation of monitoring systems for walk‑in freezers to prevent food loss.
On debt service, staff summarized the current schedule and explained that any enacted change to the homestead exemption (SB4) would require a debt‑service amendment if voters approve a constitutional amendment in November. The presenter emphasized that the district will return to the board with updated debt calculations and refunding numbers once bond sales and refinance specifics are finalized.
