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Tarkington ISD CFO reviews budget projections, ‘disaster pennies’ scenarios

Tarkington ISD Board of Trustees · August 19, 2024
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Summary

At an Aug. 19 budget workshop, Tarkington ISD Chief Financial Officer Thad Lasater reviewed the district's projected fund balance, projected revenues, "disaster pennies," and a set of scenario comparisons; the board took no action after a preceding closed session.

Tarkington ISD held a budget workshop on Aug. 19, 2024, where Chief Financial Officer Thad Lasater reviewed the district's projected fund balance, projected revenues, "disaster pennies," and multiple scenario comparisons. The workshop occurred after a short closed session and the board reconvened in open session at 4:35 P.M.; the meeting was called to order at 4:32 P.M. and adjourned at 5:30 P.M.

Lasater spoke to trustees about those budget drivers but the record in the workshop notes does not include numerical projections or decisions; the board did not take action following the closed session. The presentation provided trustees with comparative scenarios for planning the coming fiscal year and for responding to potential disaster-related funding needs.