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Quinlan ISD reports September revenues, strong investment earnings
Summary
Quinlan ISD presented September financial results showing $4.17 million in revenues, $5.59 million in expenditures, and a $46.66 million ending cash balance; staff also reported $193,620 in September interest and year‑to‑date interest of $615,953.
Quinlan Independent School District administration presented the district's September financial report at the Oct. 21 board meeting. Rebecca Pfeil told trustees total revenues for September 2024 were $4,168,538.71 and expenditures were $5,592,169.62, leaving an ending cash balance of $46,658,281.81; taxes collected in September totaled $74,837.90.
Pfeil also reviewed the district's investment earnings, reporting $193,620.00 in interest for September and $615,953.00 year to date. She cited investment yields of 5.0400% for TexPool and 5.1500% for Lone Star. Attachments referenced during the presentation were not included in the transcript, so board documents with line‑by‑line detail were not available for review during this reporting.
