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Business manager: district holds $6.19 million overall, Lone Star pool $5.5M
Summary
Business Manager Denise Dusek reported the district's bank balances and provided detailed General Fund revenue/expenditure comparisons, including a Lone Star Investment Pool balance of $5,501,316.15 and total cash of $6,191,761.34.
At the Oct. 14 board meeting, Business Manager Denise Dusek presented account balances and fund reports that outline the district's cash position and year-to-date revenues and expenditures.
Dusek reported: "Lone Star Inv. Pool $5,501,316.15 Total $6,191,761.34." The packet attached to the board report also included multi-page General Fund comparisons showing year-to-date realized revenue percentages and detailed expenditures across functions such as instruction, facilities and administration.
Board members reviewed line-item categories and asked for clarification on routine budget items; no additional appropriations or budget transfers were approved during the meeting. The board will continue to monitor fiscal status as Phase 2 invoices and construction-related encumbrances clear.
