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Troup ISD finance report: tax collections near 93% and budget workshop set for August
Summary
Finance staff reported tax collections at 92.78% of the current-year levy and 94.27% of budgeted revenue; trustees were given a fund-balance projection and were reminded that a Budget Workshop is scheduled for Aug. 11 and a Budget Hearing for Aug. 28, 2025.
Blake Rowe presented the district's finance report, highlighting that tax collections currently total 92.78% of the current-year levy and 94.27% of budgeted revenue. Rowe reviewed cash and investments, the check register and quarterly reports, and offered a fund-balance projection to trustees.
Rowe also walked trustees through the 2025–26 budget calendar: a Budget Workshop is scheduled for August 11 at 5:30 p.m., and a Budget Hearing is scheduled for August 28 at 5:00 p.m. Board discussion focused on timing and next steps for budget adoption; no formal budget adoption vote occurred at this meeting.
