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Veribest ISD business manager reports $5.45M in district balances; board approves Indeco quote
Summary
Business Manager Denise Dusek presented multi-page financial reports showing total district balances of $5,450,636.41 and reviewed revenue/expenditure detail across funds. The board approved vendor quote #14439 from Indeco on a 6–0 motion.
Business Manager Denise Dusek presented the district's financial reports and account balances during the Nov. 18 board meeting. Dusek's printed report lists total district account balances of $5,450,636.41; she provided line-item revenue and expenditure comparisons for the General Fund, National School Lunch & Breakfast fund and the I&S debt service fund.
The board voted to approve quote #14439 from Indeco after discussion. Thadd Martin moved to approve the quote and Brady Bates seconded; the motion passed 6–0. The agenda's finance packet included detailed revenue-realized percentages and encumbrance/expenditure summaries for campuses and central functions.
Dusek's report includes itemized balances (checking M&O, I&S, Bond, Lone Star investment pool and CDs) and multi-page revenue-to-budget and expenditure-to-budget detail. The printed materials shown to the board form the official financial record attached to the meeting minutes.
